Question

Any kind of external devices, like compact discs (CD’s) for computers, have become obsolete. Google, with its Google Drive service, Apple with its icloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.

Options

• Relativity

• Dynamic nature

• Uncertainty

• Interrelatedness

• Complexity

Answer 1

Dynamic nature

Explanation: 

The feature of “Dynamic nature” of the business environment refers to the fact that it is constantly evolving due to technological advancements, innovations, and changing consumer preferences.

In this case:

• Physical storage devices like CDs have become obsolete.
• Companies like Google and Apple have introduced cloud storage solutions (Google Drive, iCloud).
• This shows a technological shift in the way data is stored and accessed.

Such changes reflect the dynamic nature of the business environment where businesses must adapt to fast-changing technologies to stay relevant.