BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Following is not the features of business environment:
A
Totality of external forces
B
dynamic nature
C
industrial policy
D
uncertainty
Explanation: 

Detailed explanation-1: -Continuous elements are not a part of the business environment.

Detailed explanation-2: -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-3: -Example: Economic, Social, Political, Legal and Technological conditions. Different forces of business environment are interrelated to each other.

Detailed explanation-4: -Members have unlimited liability is not a feature of a company.

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