Environment which is close to business and affect its

Q11) Environment which is close to business and affect its capacity to work is known as _______ environment:

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Solution:
The environment which is close to business and affects its capacity to work is known as the "Micro environment".

The micro environment consists of the factors that directly impact the day-to-day operations of a business, such as suppliers, customers, competitors, and other stakeholders. These factors are usually within the control of the business and can be managed to a certain extent to achieve business objectives.

Correct option is (a)