Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following is NOT a component of specific forces of business environment?

Options:

Technological conditions

Customers

Employees

Investors

Correct Answer:

Technological conditions

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, technological conditions is a general force.