Business environment includes both 'specific and general forces'. List any four specific forces.
Customers, Suppliers, Competitors and Investors.
How is business environment helpful in the ‘improvement of performance’?
‘Nothing can be said with any amount of certainty about the factors of the business environment.’ Why?
How ‘first mover advantage’ is made available by the business environment? Give an example.
Why is business environment known as ‘totality of external forces’?
