Business environment is (I) Dynamic in nature (II) Largely uncertain Select the correct answer from the options given below.
A
Both (I) and (II)
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B
(I) only
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C
Neither (I) nor (II)
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D
(II) only
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Solution
The correct option is A Both (I) and (II) Business environment can be defined as
the forces and institutions with which the businessman has to deal with
to achieve its objectives. In general words, business environment is the
surroundings in which the business exists. Business environment is: (I) Dynamic in nature (II) Largely uncertain.