Question : Which of the following is not a feature of business environment?
Option 1: Rigid
Option 2: Dynamic
Option 3: Relative
Option 4: Inter-related
Correct Answer: Rigid
Solution : Feature of business environment includes:- 1. Dynamic - Condition in environment keeps on changing 2. Relative - Same condition has different impact on different business. 3. Inter-relatedness - All components of business environment are interdependent. 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
Option 4: Relative
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 : '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
Question : Identify the feature of business environment highlighted here. It is difficult to deal with what exactly constitutes a given environment.
Option 1: Totality of external forces
Option 2: Inter-relatedness
Option 3: Dynamic nature
Option 4: Uncertainty
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 __________.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile