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  5. Business Environment

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

  • question_answer
    Business environment keeps on changing in terms of technological improvements, shifts in consumer preference, etc. Identify the characteristics of business environment.

    A) Complexity       

    B) Dynamic nature

    C) Uncertainty       

    D) Relativity

    Correct Answer: B

    Solution :

    [b] Explanation: The dynamics of external forces keep changing due to constant change in technology, taste and preference of consumers, availability of raw material, etc.


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