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Question
The dishes offered by Indian restaurants are very different as compared to the dishes offered by restaurants in other countries like Australia & USA. Identify the feature of the business environment.
Options
Relativity
Inter-relatedness
Dynamic
Complexity
MCQ
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Solution
Relativity
Explanation:
Relativity as a feature of the business environment means that business conditions, practices, and consumer preferences vary from place to place, region to region, or country to country.
In this case:
- The dishes offered by Indian restaurants are different from those in Australia or the USA because of regional tastes, food habits, and cultural preferences.
- This shows how the business environment (especially the social and cultural aspect) is relative to the location and consumer base.
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