5 Questions
What is the definition of Business Environment?
The sum of all internal and external factors that impact a business
What is one of the objectives of studying Business Environment?
To analyze the overall business environment and assess the impact of its various components on business
What is the purpose of environmental scanning in business decision making?
To gather information about the external factors that may impact a business
What does CO3 refer to in the course outcomes of studying Business Environment?
Identifying various functional areas of business and its distinct operations
What is the nature of business?
Meaning and characteristics of business
Test your knowledge on the various factors that shape the business environment. This quiz will cover topics such as internal and external factors, market trends, economic changes, and more. Challenge yourself and see how well you understand the dynamic world of business.
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