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Question

In relation to business environment specific forces includes ________.

A
Investors
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B
Customers
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C
Competitors
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D
All of above
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Solution

The correct option is D All of above

Environment refers to the forces, factors and institutions with which the businessman has to deal with in order to achieve its objectives. The Specific forces are the forces that affects the business operations directly and the businessman has partial control over these forces. It includes investors, suppliers, customers, competitors of the business etc.


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