Business Environment · Class 12 · CBSE · Commerce Business Studies
Which feature of the business environment highlights that various elements of the environment are closely interrelated?
Practice question from Business Environment (Class 12 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
medium · MCQ · Q-AE5E01
Which feature of the business environment highlights that various elements of the environment are closely interrelated?
- A.Totality of external forces
- B.InterrelatednessCorrect answer
- C.Dynamism
- D.Complexity
Solution
Interrelatedness refers to the fact that different elements and parts of the business environment are closely linked. For example, an increase in youth awareness of health (social) leads to a rise in demand for organic food (economic).
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