Question

What are the main characteristics of the business environment?

Answer 1

Following are the central attributes of the business environment:

• The totality of external forces.

• Specific and general forces.

• Specific.

• General.

• Interrelatedness.

• Dynamic nature.

• Uncertainty.

• Complexity.

Also see:

• Importance of Business Environment
• MCQs on Business Environment
• Dimensions of Business Environment

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