Read the following passage and answer the question.

A recent cut in the interest on loans announced by the SBIM Bank encouraged Anaya, a science student of Imperial School to take a loan from SBIM Bank to experiment and develop cars to be powered by fuel produced from garbage. She developed such a car and exhibited it at science fair organised by DOE. She was awarded Ist prize for his invention.

There are so many forces in the business environment which affect working of a business.

Which of the following is included in the business environment?

All of these

The correct answer is option 4- All of these.

means the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance. Business environment includes both specific and general forces. Specific forces (such as investors, customers, competitors and suppliers) affect individual enterprises directly and immediately in their day-to-day working. General forces (such as social, political, legal and technological conditions) have impact on all business enterprises and thus may affect an individual firm only indirectly.