Which of the following is not a part of the business environment of business?
Options:
Customers
Suppliers
Competitors
None of the above
Correct Answer:
None of the above
Explanation:
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. So, all are business environment forces.