Question

Business environment is different from country to country and region to region, state whether the statement is true or false.

Answer 1

|| ANSWER ||

TRUE

REASON :-

Relativity ( Features of business environment ) :- Business environment is a relative concept since it differs from country to country and even region to region. Political conditions in the USA, for instance, differ from those in China or Pakistan. Similarly, demand for sarees may be fairly high in India whereas it may be almost non-existent in France.

Answer 2

The statement is true.

Explanation:

• The business domain in a certain corporation or business shields all factors in the like of diplomatic, profitable, lawful, industrial or mechanical in which employment procedures are executed.
• The basis and attribute of a business domain is responsible for the uninvolved prerequisite for feasible development and a prolonged sense of agonistic attitude of every one of the international retail economy.
• Not only that, it is involved in the formation of the preliminary requirements for the creation of small-scale or medium- scale endeavours.
• In the previous decennium, in dissimilar countries, the various institutions had been formed which were responsible for analyzing the quality of the environment of business through various scales.

Hence, the statement is true.

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