BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Following is not the features of business environment:
|
Totality of external forces
|
|
dynamic nature
|
|
industrial policy
|
|
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.
There is 1 question to complete.