State True or False.
1) External factors of business environment are controllable factors.
Ans:- False
2) Business is the product of different environmental factors.
Ans:- True
3) Business and environment are inseparable parts.
Ans:- True
4) There is no benefit of globalization to Indian economy.
Ans:- False
5) New economic policy promoted the liberal economic policy.
Ans:- True
6) There is no benefit of privatization to Indian economy.
Ans:- False
7) There is no need of consideration of the business environment factors in business.
Ans:- False