Question

Even though the political conditions vary from country to country, they impact the sentiment of an investor in the business, if the instability of the political conditions cause uncertainty and make it difficult for him to predict the future. Which feature of the business environment is being highlighted in the above statement?

विकल्प

• Specific and general forces

• Dynamic nature

• Relativity

• All of the above

Answer 1

All of the above

Explanation - 

Both specific and generic forces influence the business environment. The business environment is dynamic, meaning it is constantly changing due to technical advancements, variations in consumer tastes, or the arrival of new competitors into the market. Because it varies from country to country and even region to area, the business climate is a relative term.