Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

'The growing awareness about healthcare has led to an increase in the demand for healthcare products and services in the country.'
Identify the feature of business environment being described in the above case.

Options:

Dynamic nature

Uncertainty

Relativity

Interrelatedness

Correct Answer:

Interrelatedness

Explanation:

The correct answer is option 4- 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 has 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.