Question : Case Study 7:
ABC Corp. is a manufacturing company that is heavily reliant on fossil fuels for its production processes. Due to increasing concerns about environmental sustainability, the company is facing pressure to adopt eco-friendly practices.
Q:- What is the business environment factor affecting ABC Corp. in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Natural environment
Option 4: Political environment
Correct Answer: Natural environment
Solution : The correct answer is (C) Natural environment
The business environment factor affecting ABC Corp. in this case is the natural environment. The company is facing pressure to adopt eco-friendly practices due to increasing concerns about environmental sustainability, which is directly related to factors within the natural environment, including ecological and environmental sustainability concerns.
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