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Question
"The shift of demand from soft drinks to juices is an opportunity for juice companies and threat for soft drink companies." Identify the feature of business environment:
Options
Relativity
Complexity
Uncertainty
Dynamic
MCQ
Solution
Dynamic
Explanation -
The business environment is "dynamic" that is, it is constantly changing, whether due to technological advancements, variations in consumer tastes, or the arrival of new competitors into the market.
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