From the following features of Business Environment, identify the correct ones.
A. Intra-relatedness
B. Dynamic nature
C. Uncertainty
D. Complexity
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → B, C and D only
A. Intra-relatedness — Incorrect. The real feature is inter-relatedness: the different parts of the environment are linked with one another. A rise in health awareness, for example, has raised the demand for health products, and these products have in turn changed how people live. ‘Inter’ means between different things; ‘intra’ means inside one thing. NTA changed just two letters, and a real feature became a false one. Give every word a second look, even the first two letters.
B. Dynamic nature — Correct. The environment keeps changing: technology, fashion and customer tastes do not stay the same.
C. Uncertainty — Correct. Future changes are hard to predict, especially where they come fast, as in information technology or fashion.
D. Complexity — Correct. The environment is made of many linked and changing forces, so it is hard to understand as a whole.
NCERT (2026-27 Edition): “Meaning of business environment: … Business environment can be characterised in terms of (a) totality of external forces (b) specific and general forces (c) inter-relatedness (d) dynamic nature (e) uncertainty (f) complexity (g) relativity…” |