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  5. Business Environment

12th Class Business Studies Business Environment Question Bank Topic - 1 MCQs - Business Environment

  • question_answer
    “A shift in demand from Nokia smartphones to Samsung smartphones is an opportunity for Samsung and a threat for Nokia”. Identify the feature of business environment.

    A) Relative Concept

    B) Dynamic

    C) Uncertainty       

    D) Both (a) and (b)

    Correct Answer: D

    Solution :

    [d] Explanation: Business environment is relative concept because Nokia's threat was used by Samsung. It can also be dynamic as Samsung could adapt to the change.


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