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
Correct Answer: Inter-relatedness
Solution : All the forces and factors of business environment are inter-related to each others. In the above case, 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. Inter-related feature of business environment is discussed. Hence, option 3 is the correct answer.
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
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
Question : Identify the feature of business environment highlighted here. Invention of new method of production has reduced the cost of production and has also changed the total outlook of the organisation.
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.
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.
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