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Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Match the statement with their respective features:

Statements Features
A) Dynamic 1) Easier to understand in parts but difficult to grasp in totality.
B) Uncertainty 2) Different political conditions in different nations.
C) Complexity 3) Difficult to predict the future events
D) Relativity 4) Technological improvements
Options:

A-4,B-3, C-1, D-2

A-4, B-3, C-2, D-1

A-3, B-4, C-1, D-2

A-1, B-2, C-3, D-4

Correct Answer:

A-4,B-3, C-1, D-2

Explanation:

* Dynamic refers to  a process or system characterized by constant change, activity, or progress.

* Business uncertainty is any event that a business is unable to predict or directly influence which may lead to negative outcomes as a result.

* Business complexity is the condition of having several interdependent and interconnected stakeholders, information technology systems and organizational structures.

* Business environment is a relative concept whose impact differs from country to country, region to region and firm to firm.

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