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Question
Give the meaning of the term 'business environment'.
Give the meaning of the term 'business environment'.
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Solution
Business environment is the aggregate of all conditions, events, and influences that surrounds and affects the business' operations and provides the conditions for possible growth, development, benefits or losses.
Business environment is the aggregate of all conditions, events, and influences that surrounds and affects the business' operations and provides the conditions for possible growth, development, benefits or losses.
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