Business Environment · Class 12 · CBSE · Commerce Business Studies
Read the following statement: 'Business environment is a phenomenon that is relatively easy to understand in parts, but difficult to grasp in its tot…
Practice question from Business Environment (Class 12 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
medium · MCQ · Q-FF3E22
Read the following statement: 'Business environment is a phenomenon that is relatively easy to understand in parts, but difficult to grasp in its totality.' Which characteristic of the business environment is highlighted here?
- A.Uncertainty
- B.ComplexityCorrect answer
- C.Relativeness
- D.Dynamic nature
Solution
Complexity means that the business environment consists of numerous interrelated and changing forces which make it easy to understand individually, but very difficult to comprehend in its totality.
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