Question : Which environment involves the study of the impact of natural resources and ecological factors on businesses?
Option 1: Technological environment
Option 2: Social environment
Option 3: Natural environment
Option 4: Economic environment
Correct Answer: Natural environment
Solution : The correct answer is (C) Natural environment
The natural environment involves the study of the impact of natural resources and ecological factors on businesses. This includes considerations related to environmental sustainability, resource availability, climate change, and how businesses interact with and respond to these natural factors.