INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a true statement about a business’s environment:NCCTE.9 ____ 12.SH.ME11.2.02RBT:
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It can be avoided.
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It is always changing.
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It consists of the economy and technology.
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It may not affect the business, depending on the industry.
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Explanation:
Detailed explanation-1: -Continuous elements are not a part of the business environment.
Detailed explanation-2: -Specific and general forces is a main feature of business environment.
Detailed explanation-3: -Characteristics of the business environment are: Totality of external forces. Specific and general forces. Interrelatedness.
Detailed explanation-4: -Among the options given above, employees does not characterise business environment. Business environment refers to the external forces such as individuals, enterprises, situations, and other such forces that affect the performance of the organisation.
There is 1 question to complete.