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Question : Identify the feature of business environment highlighted here.
Government has imposed 10% extra tax on the luxury commodities as a result a change in the production of organisation is experienced.
 

Option 1: Totality of external forces
 

Option 2: Inter-relatedness
 

Option 3: Dynamic nature
 

Option 4: Uncertainty
 


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Dynamic nature
 


Solution : The business environment is dynamic in nature. It keeps on changing weather in terms of technology improvement or shift in consumer prisoners on entry of new competition in the market.
Hence Option C is correct.

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