Question

Q. 19. Two big banner movies were scheduled to be released on the same date.
On the last movement release of one of the movies has to be postponed due to
opposition of a group of people due to some unethical contents related to their
religion was shown in the that movie. The other movie released on time and
made huge profit as there was no competition and movie which was postponed
suffered loss. Which feature of business environment is highlighted here. *

1) Complexity
2) Uncertainty
3) Relativity
4) Inter-relatedness​

Answer 1

Answer:

All of the above.maybe

Answer 2

Option 3 is the correct answer i.e., Relativity.

• Relativity feature of the business environment is highlighted here.
• Business environment is the totality or collection of all internal and external factors, including workers, customer needs and expectations, supply and demand, management, clients, suppliers, owners, government actions, technological innovation, social trends, market trends, and economic changes, among others.
• Directly or indirectly, these variables have an impact on how a corporation operates and performs its functions. These factors taken together have an impact on the company's climate and condition.
• Business environment increases overall performance, growth, and profitability of the business by assisting with opportunity identification, resource exploitation, and planning.
• There are many different sorts of business environments, including macro and microenvironments.

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