Match the following feature of business environment.

 Choose the correct answer from the options given below:

 A-III, B-IV, C-II, D-I

* Different elements or parts of business environment are closely interrelated- Inter-relatedness: Different elements or parts of business environment are closely interrelated. For example, increased life expectancy of people and increased awareness for health care have increased the demand for many health products and services like soft drinks, fat-free cooking oil, and health resorts. New health products and services have, in turn, changed people’s life styles.

* Business environment is the sum total of all things external to business firms and, as such, is aggregative in nature- Totality of external forces: Business environment is the sum total of all things external to business firms and, as such, is aggregative in nature.

*Business environment keeps on changing-  Dynamic nature: Business environment is dynamic in that it keeps on changing whether in terms of technological improvement, shifts in consumer preferences or entry of new competition in the market.

* Business environment is very difficult to predict future happenings- Uncertainty: Business environment is largely uncertain as it is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in the case of information technology or fashion industries.