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Question

Which of the following does not characterize the business environment?

A
Uncertainty
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B
Relativity
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C
Employers
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D
Illegal affairs
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Solution

The correct option is D Illegal affairs
Illegal affairs does not characterize the business environment. Business environment can be defined as the forces, factors and institutions with which the businessman has to deal with to achieve its objectives. In general words, business environment is referred to the surroundings in which business exists.

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