BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Inter-relation
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Uncertainty
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Dynamic
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Simple
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Detailed explanation-1: -Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
Detailed explanation-2: -Continuous elements are not a part of the business environment.
Detailed explanation-3: -Definition of Business Environment is sum or collection of all internal and external factors such as employees, customers needs and expectations, supply and demand, management, clients, suppliers, owners, activities by government, innovation in technology, social trends, market trends, economic changes, etc.
Detailed explanation-4: -Expert-Verified Answer The answer to the given question is as follow: Comprehensive is not a characteristic of the environment.