Business environment consists of factors which are certain by nature.
Answer: B
False; there is uncertainty in business environment.
Political environment consists of political system and its working.
Answer: A
True; political environment includes political conditions, working and political system.
Privatisation involves freedom of doing business.
Answer: B
False; liberalisation involves freedom of doing business.
Dynamic nature of business environment suggests that it is pervasive.
Answer: B
False; dynamic nature of business environment suggests that it keeps on changing.
Investors and customers are the two components of specific forces of business environment.
Answer: A
True; investors and customers are the two components.