Question

Name any two specitic tonces of business environment attecting business.
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Answer 1

Answer:

Business environment refers to all

the external forces that affect the performance of a

business organisation. Such forces can be economic, social, political,

technological or legal. Thus, individuals, consumers, government, legal

matters all compose business environment

Answer 2

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Specific forces of business environment that affects business are:

• Strategies of competitors
• Customer tastes and preferences