Question

How does the business environment influence the process of Business enterprise in Nigeria. ​

Answer 1

Answer:

Every Business is generally affected by the economic, social, legal, technological and political factors. ... Business environment includes those forces, factors and institutions that are beyond the control of individual business organisations and management but affect the business enterprise.

It was made known in this paper that Nigeria's business environment despite its prospect, is characterized by challenges of various kind, which range from lack of infrastructure such as poor electricity supply, poor road, network e.t.c., Insecurity, multiple tax system, inadequate financial service