As a foreign tourist visited India, he noticed that Indian markets, tastes, trends and regulations were different from that of his country. Which feature of business environment is reflected here?A. Business environment has uncertaintyB. Business environment is dynamicC. Business environment is a relative conceptD. All of the above

As a foreign tourist visited India, he noticed that Indian markets, ta

1.	As a foreign tourist visited India, he noticed that Indian markets, tastes, trends and regulations were different from that of his country. Which feature of business environment is reflected here?A. Business environment has uncertaintyB. Business environment is dynamicC. Business environment is a relative conceptD. All of the above
Answer» Correct Answer - C Business environment is a relative concept as it differs from country to country and region to region. e.g. Demand for sarees is quite high in India but in foreign countries, it has no existence