Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

'Increased awareness for health care has increased the demand for fat-free cooking oil'.

Which feature of business environment is highlighted in the above statement?

Options:

Uncertainty

Dynamic

Complexity

Inter-relatedness

Correct Answer:

Inter-relatedness

Explanation:

Inter relatedness is highlighted in these lines 'Increased awareness for health care has increased the demand for fat-free cooking oil'.

Different elements or parts of business environment are closely interrelated. For example, increased life expectancy of people and increased awareness for health care have increased the demand for many health products and services like soft drinks, fat-free cooking oil, and health resorts. New health products and services have, in turn, changed people’s life styles.