Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following features of the business environment states that various factors of the business environment affect each other?

Options:

Pervasive

Continuous

Dynamic

Interrelatedness

Correct Answer:

Interrelatedness

Explanation:

Inter-relatedness: Different elements or parts of the 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.