Question

It is difficult to know the exact impact of Lock down due to Corona Virus on Social, Economic, Political, Technological or Legal dimensions of a business organisation. Which feature of business environment is highlighted in the above statement?

पर्याय

• Complexity

• Inter-relatedness

• Dynamic

• General and specific forces

Answer 1

Complexity

Explanation:

Complexity as a feature of the business environment refers to the fact that:

• The business environment is made up of many interconnected and overlapping factors - such as social, economic, political, legal, and technological dimensions.
• It is often difficult to understand or predict the individual and combined impact of these forces.