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Which of the following are characteristics of a dynamic business environment?

i. It remains the same over time, regardless of changes in society or technology.
ii. It requires businesses to adapt continuously due to external influences and shifting trends.
iii. It is influenced by factors such as technological advancements and government policy changes.
iv. Organizations can completely control all aspects of their environment.

Aii and iii

Bi and iv

Ci and ii

Diii and iv

Answer:

A. ii and iii

Read Explanation:

  • Statements ii and iii are correct since a dynamic environment is always changing and requires adaptation. Statement i is incorrect (dynamic means ever-changing), and statement iv is wrong because organizations cannot completely control all aspects, especially external ones.


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