BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Specific forces (such as investors, customers, competitors and supp-liers) affect individual enterprises directly and immediately in their day-to-day working.

Detailed explanation-2: -Specific forces directly affect individual enterprises in the day to day operations. Examples of specific forces: Investors loyalty. Customer tastes and preferences.

Detailed explanation-3: -General forces such as economic, social, political, legal, natural and technological conditions influence all business enterprises. Specific forces such as investors, customers, competitors, suppliers, etc. affect individual enterprises directly.

Detailed explanation-4: -Businesses are dynamic, meaning they constantly adapt to respond to consumers’ wants and needs. Entrepreneurs spot gaps in the market and develop new ideas for products and services. Enterprise and entrepreneurship.