The conditions in Business Environment keeps on changing’. Which characteristic of businessenvironment is being highlighted? (1)(a) Relativity(b) Complex(c) Dynamic(d) Totality of external force

A business environment with a small number of external elements, where the elements are similar, and the elements remain the same or change slowly is a __________.a.)simple-unstable environmentb.)complex-stable environmentc.)simple-stable environmentd.)complex-unstable environment

Which of the following is most likely to be a dynamic element of a business's external environment:*1 pointDecrease in personnelIncrease in competitionRenewed emphasis on trainingNew quality control measures

Definition of Business Environment

Which of the following terms best describes the environment that includes the forces close to the company that affects its ability to serve its customers, such as the marketing channels?a.External environmentb.Internal environmentc.Value chaind.Macroenvironmente.Microenvironment

The latest transformations of the business environment have led to businesses changing:Multiple choice question.at average ratemore quickly than everfor the short termslowly