Question

Demand for sarees may be fairly high in India whereas it may be almost non-existent in France." Which feature of business environment has been highlighted in aforesaid statement? *
1 point
Dynamic nature
Inter-relatedness
Complexity
Uncertainty

Answer 1

Answer:

Demand for sarees may be fairly high in India whereas it may be almost non-existent in France."

Dynamic nature

Answer 2

The feature highlighted is relativism and dynamic

• A relative notion, the business climate varies from nation to nation and even region to area.
• It is also dynamic in that it is always changing due to advancements in technology, changes in customer tastes, or the arrival of new competitors into the market.
• For instance, political climates in China or Pakistan are different from those in the United States.
• Similarly, the overall demand for sarees may be quite substantial in India but almost negligible in France, as in our case.

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