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 2: Dynamic
Option 3: Inter-related
Option 4: Relative
Correct Answer: Complex
Solution : It is very difficult to understand the impact of business environment on the companies, Although it is easy to scan the environment but it is very difficult to know how these changes will influence business decisions. Sometimes change may be minor but it might have large impact. Hence, option 1 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 3: Complex
Question : Which of the following is not a feature of business environment?
Option 1: Rigid
Option 3: Relative
Option 4: Inter-related
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 __________.
Question : Since more number of people have become more beauty and health consious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is -
Option 1: Totality of external forces
Option 2: Dynamic nature
Option 3: Inter-relatedness
Option 4: Relativity
Question : The condition in business environment keeps on changing 'which characteristics of business environment is being highlighted'
Option 2: Complex
Option 3: Relativity
Option 4: Dynamic
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