Question

Business environment may be classified as __________.

• A. time and space
• B. forces and factors
• C. time, space, forces and factors
• D. None of these

Answer 1

Answer: (C)

time, space, forces and factors

Business environment can be defined as the sum total of all the external factors and forces that influence the functioning of a business enterprise which includes factors like time, space, forces, and other factors.