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CUET Business Studies 2024

Business Studies
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Business Environment

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Which of the following does not characterise business environment?

Correct Option: 3
Business environment has several key characteristics. \newline
    \newline
  1. Inter-related → connected factors
    2. \newline
  2. External forces → outside influences
    3. \newline
  3. Market orientation and product → business strategy
    4. \newline
  4. Relativity → comparative nature
    5. \newline
\newline Market orientation and product is a business strategy, not a characteristic of business environment.

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