1.

Write a word or a term or a phrase which can substitute each of the following statements :(i) Uncontrollable factors of the business environment.(ii) The environmental of business that includes customs and traditions, values, social trends.(iii) The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.(iv) A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.

Answer»

(i) External business environment

(ii) Social environment

(iii) Privatization

(iv) Globalization



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