Business Studies, asked by meenajhinkwan51, 9 months ago

Increased life expectancy of people and increased awareness for health care have increased the demand for many health products and services like coke, fat free cooking oil, and health resorts. New health products and services have in turn changed people's lifestyles. Which feature of business environment is highlighted above?​

Answers

Answered by dhruvinkachhadia
6

The business environment showed above is considered to Healthcare and FMCG facilities. After the CoronaVirus Pandemic, People have now started relaying on products which are good for their healthy lifestyle. And so is for the FMCG sector companies. Now FMCG companies are moreover focusing on launching consumable products which can give their customers a healthy lifestyle.

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Answered by bhatiamona
2

Increased life expectancy of people and increased awareness for health care have increased the demand for many health products and services like coke, fat free cooking oil, and health resorts. New health products and services have in turn changed people's lifestyles. Which feature of business environment is highlighted above?​

(a) Inter-relatedness (c) Complexity

(b) Dynamic nature (d) Relativity

The correct answer is :

(a) Inter-relatedness

Explanation :

Inter-relatedness is a perfect example of the close relationship between different elements of a business environment.

When people's life expectancy increases and due to increased awareness for health care, they start using health products and services more, such as fat-free cooking oil, Diet Coke and health resorts are beginning to increase in demand.

This Inter-relatedness is an example of a business environment.

Business environment has many characteristics, in which interrelationship, dynamic nature, uncertainty, complexity, relativity etc. are prominent.

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