Question

Why business environment is considered to be complex in nature​

Answer 1

Business environment consists of all the factors such as consumers, investors, suppliers, employees, management, government, technology, market trends, social trends, expectations, market demands, economic, and climatic changes. These factors impact the business environment to a great extent.

Thus, the Business environment consists of all internal and external forces influencing the business. Let’s learn about the different features of the business environment here

The foremost amongst the features of business environment is its holistic nature. Business environment consists of everything present in the surrounding. All the things such s political bodies, cultural bodies, technology, and all legal and global forces make the business environment.

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Answer 2

Hello !

Business environment is a complex phenomenon and also difficult to grasp and face in its totality. This is because it is governed by external factors. Such dynamism in the environment brings continuous change in its character. Business enterprises have no alternative but to operate under such dynamic environment

Hope It Helps u :)