BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In today’s world, the flow of goods and services is not only cheap and fast, but reliable and secure. You can order anything you wish from any part of the world. Internet has been connecting people without any limitations or boundaries in the way of doing business. Identify the concept being described in the above lines.
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Liberalization
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Globalization
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Demonetization
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Privatization
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Explanation:
Detailed explanation-1: -Image building is not a part of the business environment as it is a process to build the image and not an environmental factor.
Detailed explanation-2: -Continuous elements are not a part of the business environment.
Detailed explanation-3: -Which of the following is not a component of specific forces of business environment? Explanation: (a) Technological conditions is a component of general forces that affect the business environment of an enterprise. 3.
Detailed explanation-4: -All illegal activities do not come under the dimensions of a business environment.
There is 1 question to complete.