Nancy Dutta India 1k Questions 2k Answers 18 Best Answers 4k Points View Profile 0 Nancy Dutta Asked: May 6, 20202020-05-06T21:17:53+05:30 2020-05-06T21:17:53+05:30In: Education Explain concept of business environment. 0 Explain concept of business environment. basic questions Share Facebook 1 Answer Voted Oldest Recent Charu New Delhi, 602 Questions 2k Answers 4 Best Answers 2k Points View Profile Charu Added an answer on May 6, 2020 at 9:27 pm The term ‘business environment’ connotes external forces, factors and institutions that are beyond the control of the business and they affect the functioning of a business enterprise. These include customers, competitors, suppliers, government, and the social, political, legal and technological factors etc. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.