Explain the features of business environment.
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Environment is the Surrounding Situation: Business environment means the surrounding situation within which business organization has to operate. It is a sum total of cultural, political, economical, social, physical, technological, legal and global forces which move around the business organization.
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business environment is consists of demographic, social, political, technology and global sectors. It also means the internal and external factors the company functions including coustmer, employers, managers etc....
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