Environmental factors may be A. Internal B. External Select the correct answer from the options given below.
A
Neither A nor B
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B
B only
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C
Both A and B
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D
A only
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Solution
The correct option is B Both A and B 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. Environmental factors may be both: A. Internal B. External.