Business Studies · Business Environment
Consider the following statements regarding the business environment: 1. The business environment changes continuously due to developments in technology and the economy. 2. The business environment consists exclusively of factors that exist within an organization. 3. Political conditions, economic trends, social values, and technological progress affect business operations. Which of the statements given above are correct?
- 11, 2 and 3
- 21 and 2 only
- 32 and 3 only
- 41 and 3 only✓
Correct answer
1 and 3 only
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