Question : Identify the feature of business environment highlighted here.
Invention of new method of production has reduced the cost of production and has also changed the total outlook of the organisation.

Option 1: Totality of external forces

Option 2: Inter-relatedness

Option 3: Dynamic nature

Option 4: Uncertainty

Question

Question : Identify the feature of business environment highlighted here.
Invention of new method of production has reduced the cost of production and has also changed the total outlook of the organisation.

Option 1: Totality of external forces

Option 2: Inter-relatedness

Option 3: Dynamic nature

Option 4: Uncertainty

Team Careers360 · Accepted Answer

Correct Answer: Dynamic nature

Solution : The business environment is dynamic in nature. It keeps on changing weather in terms of technology improvement or shift in consumer prisoners on entry of new competition in the market.
Hence Option C is correct.

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