BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -General forces such as economic, social, political, legal, natural and technological conditions influence all business enterprises. Specific forces such as investors, customers, competitors, suppliers, etc. affect individual enterprises directly.

Detailed explanation-2: -The General Environment This includes an array of external influences that affect a company, such as technology, economic conditions, international trade agreements, demographics, politics, and the legal environment.

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: -Ans: The 5 common types of business environments are-the technology environment, economic environment, social environment, market environment, and natural environment.

Detailed explanation-5: -General forces or non-human forces are political, legal, technological, political, etc., which affect the business indirectly.