Select the correct option.

1) In how many types environmental factors can be classified?
(Two / Three / Four)
Ans:- Two

2) Which factors of Business Environment regards as controllable?
(Internal / External)
Ans:- Internal

3) Who frames the economic policy of the business?
(Government / Business / citizen)
Ans:- Government

4) Which economic system in known as free market economy?
(Socialist / Mixed / Capitalist)
Ans:- Capitalist