BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business Environment is a group of ____ powers.
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Special
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General
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Internal
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Special and General
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Explanation:
Detailed explanation-1: -Answer: Answer:Business environment is a group of special and general power .
Detailed explanation-2: -The DCED defines the business environment as a complex of policy, legal, institutional, and regulatory conditions that govern business activities.
Detailed explanation-3: -Specific forces are those forces which directly affect the operational activities of the business enterprise. Example: Suppliers, Customers, Investors, Competitors, Financers etc. General forces are those forces which indirectly affect the functioning of business enterprises.
Detailed explanation-4: -Business Environment is the sum total of all the internal and external factors that creates an impact on the business.
There is 1 question to complete.