In a business environment, which of the following variables can a business man conveniently control?

Assessment: WAEC SSCE - Commerce - 1996 (Objective) Subject: Commerce

Question 1 Report

In a business environment, which of the following variables can a business man conveniently control?
Answer Details
In a business environment, a businessman can conveniently control the product variable. The product variable refers to the goods or services that the business produces or offers to the market. A businessman has control over the quality, design, packaging, and pricing of the product, which are all factors that can determine the success of the business. The other variables listed, such as politics, culture, economy, and laws, are external factors that are beyond the control of the businessman. While a businessman can monitor and adapt to changes in these variables, they cannot directly control them.

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