BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -(F) Complexity All forces of the Business environment are interrelated and dynamic, which makes it difficult to understand. Complex nature of Business environment can be understood if we study it in parts.

Detailed explanation-2: -Complexity refers to the number of elements in the organization’s environment and their connections. In a highly complex environment there are many variables that can affect the company. The variables are hard to identify and measure and are connected in ways that are hard to understand.

Detailed explanation-3: -According to them: “The environment includes factors outside the firm which can lead to opportunities for or threats to the firm. Although, there are many factors, the most important of the factors are socioeconomic, technological, suppliers, competitors, and government.”

Detailed explanation-4: -Environmental complexity is the number of important components in the organizational environment (Duncan, 1972). According to Gibbs (1994), environmental complexity is defined by the number and diversity of environmental components that the organization interacts with.