Business Studies · Business Environment
Consider the following statements regarding the business environment: Statement 1: The business environment is dynamic as it continuously undergoes changes due to technological and policy shifts. Statement 2: The business environment includes both internal managerial decisions and external forces affecting the firm. Statement 3: The macro-environmental components of the business environment are largely uncontrollable by individual firms. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only
- 21 and 3 only✓
- 32 and 3 only
- 41, 2 and 3
Correct answer
1 and 3 only
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