Q.Which of the following is NOT one of the standard features of business environment?

Business environment is defined precisely by being dynamic, uncertain, and complex — the opposite of "fixed and unchanging."

Check each option against the standard features covered above; only (c) contradicts the dynamic, ever-changing nature of the environment.

The standard features of business environment, as covered in this chapter, are: totality of external forces, specific and general forces, inter-relatedness, dynamism (ever-changing), uncertainty, complexity, and relativity (affecting different businesses differently).

Option-by-option analysis:

• (a) Dynamic/ever-changing — a genuine, correctly-listed feature.
• (b) Uncertain — a genuine, correctly-listed feature.
• (c) "Fixed and unchanging over time" directly contradicts the dynamic nature of the environment — this is the feature that does NOT belong.
• (d) Complex, due to inter-related forces — a genuine, correctly-listed feature.