How do the general forces of the business environment affect individual firms?
Options:
Directly
Indirectly
Does not affect
None of these
Correct Answer:
Indirectly
Explanation:
Business environment includes both specific and general forces. Specific forces (such as investors, customers, competitors and suppliers) affect individual enterprises directly and immediately in their day-to-day working. General forces (such as social, political, legal and technological conditions) have impact on all business enterprises and thus may affect an individual firm only indirectly.
