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'Since business environment consists of numerous interrelated and dynamic conditions or forces which arise from different sources, it becomes difficult to comprehend at once what exactly - Business Studies

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Question

'Since business environment consists of numerous interrelated and dynamic conditions or forces which arise from different sources, it becomes difficult to comprehend at once what exactly constitutes a given environment'. Thus it is relatively easier to understand the environment in parts but difficult to grasp in its totality. Identify the feature of business environment highlighted above: 

Options

  • Uncertainty

  • Complexity

  • Relativity

  • Dynamic nature

MCQ

Solution

Complexity

Explanation:

The phrase highlights the complexity of the business environment, which is defined as the intricate and interrelated nature of many elements that make it impossible to comprehend the environment in its whole at once.

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2023-2024 (February) Delhi Set - 1
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