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
Correct Answer: Because business environment is dynamic
Solution : The business environment is highly adaptable and dynamic. It isn't stiff or static. As a result, it is critical to continuously monitor and scan the business environment. Nothing can be said with certainty about the factor of business environment because business environment is dynamic. Hence, option 2 is the correct answer.
Question : Whether the business environment changes in terms of technological improvement or consumer preference it highlights the fact that business environment is _________ in nature.
Option 1: Inter-related
Option 2: Dynamic
Option 3: Complex
Option 4: Relative
Question : Which of the following is not a feature of business environment?
Option 1: Rigid
Option 3: Relative
Option 4: Inter-related
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 : The condition in business environment keeps on changing 'which characteristics of business environment is being highlighted'
Option 1: Totality of external forces
Option 2: Complex
Option 3: Relativity
Option 4: Dynamic
Question : Identify the feature of business environment highlighted here. It is difficult to deal with what exactly constitutes a given environment.
Option 2: Inter-relatedness
Option 3: Dynamic nature
Option 4: Uncertainty
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