BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Following is not a general force environment:
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political environment
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social environment
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competitors environment
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Economic environment
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Explanation:
Detailed explanation-1: -(I) Investors. (II) Social conditions. (III) Competitors. (IV) Technology.
Detailed explanation-2: -The correct answer is D) competitors. Competitors are not categorized as part of an organization’s environment; they are not involved in organizational decision-making and development strategies.
Detailed explanation-3: -The four general forces are: Socio-cultural, political, economic and legal. Q. “Business environment includes both specific and general forces’.
Detailed explanation-4: -Answer: (a) Technological conditions is a component of general forces that affect the business environment of an enterprise.
There is 1 question to complete.