Which of the following features of the business environment states that various factors of the business environment affect each other? |
Pervasive Continuous Dynamic Interrelatedness |
Interrelatedness |
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. |