Question

The term 'Business Environment' means the sum total of :

Options

• All individuals.

• Institutions

• Other forces that are outside the control of a business enterprise.

• All of the above

Answer 1

All of the above

Explanation - 

Which environment includes the economic, political, technological, and other influences that work outside of a corporate firm. Individual consumers or competitive businesses, as well as governments, consumer groups, competitors, courts, media, and other organisations functioning outside of a company, make up the enterprise's environment.