Question : Increase in the demand for many healthly products and services and increase in the awareness for health care bring to light the fact that elements of business environment are __________.
Option 1: Inter-related
Option 2: Dynamic
Option 3: Complex
Option 4: Relative
Correct Answer: Inter-related
Solution : All the forces and factors of business environment are inter-related to each other. For example, with inclination of youth towards western culture, the demand for fast food is increasing. Hence, option 1 is the correct answer.
Question : Since business environment consists of numerous inter-related and dynamic conditions or forces which arise from different sources, it become more _____________.
Option 1: Complex
Option 3: Inter-related
Question : Whether the business environment changes in terms of technological improvement or consumer preference it highlights the fact that business environment is _________ in nature.
Question : Identify the characteristics of business environment in the below statement. Increased awareness for health care has raised the demand for organic food and green vegetables.
Option 1: Totality of external forces
Option 2: Inter-relatedness
Option 3: Dynamic nature
Option 4: Uncertainty
Question : Which of the following is not a feature of business environment?
Option 1: Rigid
Option 3: Relative
Option 4: Inter-related
Question : 'Nothing can be said with certainty about the factor of business environment'. Why?
Option 1: Because business environment is simple
Option 2: Because business environment is dynamic
Option 3: Because business environment is certain
Option 4: Because business environment is inter-related
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