Question

Different situations in different business are being elaborated below (i) Raghunath Gorkha had a match stick factory in Nepal which got destructed by the recent earthquake. (ii) Mr. Arya. a senior manager in a telecom company shared confidential information about the company with a competitor which led to huge losses for the company. (iii) Vodafone Co. was charged with evasion of tax and asked to pay fine in crores which would lead to heavy losses for the company. (iv) Type writers becoming redundant because of laptops. (a) Which characteristic of business is being referred to in all the above cases ? (b) How can you classify the different causes based of this characteristic? ​

Answer 1

characteristic- uncertainty, flexible

classification:-

I) environmental

ii) economical

iii) legal & economical

iv) technological