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  5. Business Environment

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

  • question_answer
    In monsoon, the demand for umbrellas rises. This is an example of which feature of business environment?

    A) Dynamic nature

    B) Interrelatedness

    C) Complexity       

    D) Uncertainty

    Correct Answer: A

    Solution :

    [a] Explanation: Business environment is dynamic, that is, it keeps on changing whethey due to improvement in technology, changes in consumer preferences or entry of ne competition in the market


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