Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following is a specific force of the business environment?

Options:

Investors

Suppliers

Competitors

All of these

Correct Answer:

All of these

Explanation:

The correct answer is option 4- All of these.

All of these are the specific force of the business environment.


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.