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"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: -

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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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