Question

2 features of business environment​

Answer 1

Answer:

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Features of Business Environment. ... It is a sum total of cultural, political, economical, social, physical, technological, legal and global forces which move around the businessorganization.

Answer 2

The features of Business Environment are as follows:

1. Dynamic: Due to technical advancements, shifting consumer tastes, and other factors, the business environment is constantly changing.

2. Relativity: Business climate is a relative concept, and its effects differ from country to country, region to region, and company to company. For instance, juice producers would embrace a transition in customer preference from soft drinks to juices but soft drink makers would perceive it as a danger.