Because business environment is the sum of everything external to a firm, it is called a:
ATotality of external forces
BSubset of internal rules
CProduct of the factory
DBranch of the company
Answer & Solution
Correct answer: A. Totality of external forces
1. It is aggregative in nature.
2. Nothing external is excluded.
3. So it is the totality of external forces.
_Source: syllabus Business Studies Part I, Chapter 3, Business Environment._
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