Question

Which of the following are specific forces of business environment?
(I) Investors
(II) Social conditions
(III) Competitors
(IV) Technology
(V) Suppliers
(VI) Political conditions
Select the correct answer from the options given below -

• A. (I), (II), (III) & (V) only
• B. (II), (IV) & (VI) only
• C. (I), (III) & (V) only
• D. (II), (III) & (VI) only

Answer 1

The correct option is A (I), (II), (III) & (V) only

Specific forces of the business environment refers to those forces which does not affect every department of the business organization. For example: investors, social conditions, competitors and suppliers are the specific forces.