The business environment consists of numerous inter-related and dynamic forces. Because of this it may be difficult to know the extent of the relative impact of social, economic, political, technological or legal factors on change in the demand of a product in the market. The feature of business environment being discussed in the above para is
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the feature being discussed here is -business environment is dynamic (ie it experiences change with time) and inter related too as each and every factor make changes in the business process like planning, organising etc
so whenever any factor faces changes the business have to plan in in accordance
for eg let's consider technological factor - today products are designed in a very innovative way so they are demanded but those products which haven't had changed or innovated in a new way will lost its charm with time and no one will demand it
that is the only reason business needs to get advanced and plan with change in factors and business environment
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