GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The surrounding conditions in which the business operates are called ____
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Environments
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Business contacts
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Business Environments
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Business Conditions
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Explanation:
Detailed explanation-1: -Definition of Business Environment is sum or collection of all internal and external factors such as employees, customers needs and expectations, supply and demand, management, clients, suppliers, owners, activities by government, innovation in technology, social trends, market trends, economic changes, etc.
Detailed explanation-2: -Business Environment-Definition, Components, Dimensions & Examples.
Detailed explanation-3: -Meaning of Business Environment: The word ‘business environment’ indicates the aggregate total of all people, organisations and other forces that are outside the power of industry but that may affect its production.
There is 1 question to complete.