Answer question based on following case study.

Mr. Rajan wants to start a new business. Before starting new business he made an analysis and found various external and uncontrollable forces which affect individual enterprise directly and indirectly. Because these forces keep on changing, it is difficult to predict future happenings. Some examples of these forces are growth rate of GDP, consumption habits, expansion of communication facilities etc.

Identify the feature of concept identified indicated in the phrase 'Difficult to predict future happenings'.

Uncertainty

The correct answer is Option (4) - Uncertainty

The phrase implies that the concept of uncertainity.

Business environment is largely uncertain as it is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in the case of information technology or fashion industries.