BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
People can purchase better quality of goods and services which will improve their quality because their incomes are rising. Which characteristic of Business environment?
|
|
Totality of externa forces
|
|
|
Specific and general forces
|
|
|
Inter-relatedness
|
|
|
Dynamic nature
|
Explanation:
Detailed explanation-1: -Inter-relatedness: All the forces/factors of a business environment are closely interrelated. For example, increased awareness of health care has raised the demand for organic food and roasted snacks.
Detailed explanation-2: -Dynamic nature: Business environment is dynamic as it keeps on changing.
Detailed explanation-3: -Answer: Interrelatedness. 5. ‘Business environment is related to local conditions’.
There is 1 question to complete.