Which one of the following cannot be included under the nature of relationship between business and environment ?
A. | Interdependence |
B. | Dynamic |
C. | Social change |
D. | Fixed |
Option: D Explanation : Click on Discuss to view users comments. |
In this type of economic system, the Government intervention will be absent
A. | Free enterprise economy |
B. | Socialist economy |
C. | Mixed economy |
D. | None of the above |
Option: A Explanation : Click on Discuss to view users comments. |
These are forces in company's immediate environment that affect the company's performance
A. | Macro environment |
B. | Micro environment |
C. | Technological environment |
D. | Natural environment |
Option: B Explanation : Click on Discuss to view users comments. Mudit said: (10:58pm on Saturday 30th September 2017)
Micro includes customers, vendors and channel partners with whom the company interacts frequently and they affect the performance of the company.
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Globalisation can create problems for business because
A. | It can result in more competition |
B. | It increases vulnerability to the political risk and uncertainty when operating abroad |
C. | It means that they can increase price |
D. | All the options are correct |
Option: A Explanation : Click on Discuss to view users comments. |