BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Technological conditions are not a component of specific forces of business environment.
|
|
True
|
|
|
False
|
Explanation:
Detailed explanation-1: -Q. 1: Which is not a component of specific forces of the business environment? Answer: B, Technological conditions. Explanation: Technological condition is a component of general forces that affect the business environment of an enterprise.
Detailed explanation-2: -Specific forces are those forces that affect the conduct of a business directly through its application. These forces include investors, social conditions, competitors and suppliers of the business.
Detailed explanation-3: -Continuous elements are not a part of the business environment.
Detailed explanation-4: -The components of a business environment can be media, customers, government, economic conditions, suppliers, competitors etc.
There is 1 question to complete.