Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

The term 'Business Environment' includes sum total of all forces, that are :

Options:

Inside and outside business

Outside business only

Inside business only

Controllable and Inside business

Correct Answer:

Outside business only

Explanation:

The correct answer is option (2) : Outside business only

The term 'business environment' 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.