BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Answer: False; dynamic nature of business environment suggests that it keeps on changing.

Detailed explanation-2: -Dynamic: Business environment is dynamic in nature which keeps on changing with the change in technology, consumer’s fashion and tastes etc.

Detailed explanation-3: -A dynamic environment is a business environment that is rapidly changing. In a dynamic market, businesses have to adapt quickly to changes and develop new ideas, products and services to keep up with technology and new trends.

Detailed explanation-4: -Business environment is highly dynamic in nature and keeps on changing. So it is not static or rigid in nature and business environment need to be monitored continuously due to its dynamic nature. Therefore, Static nature is not a feature of business environment.

Detailed explanation-5: -Answer: Dynamic nature Business environment is dynamic as it keeps on changing. It is not static and its components are highly flexible, e.g. technological improvements, increase in competition, etc.