Introduction:
The business environment is a term used to describe the external factors that affect the functioning of a business. It is a relative concept because it can vary depending on several factors.

Factors affecting the business environment:
Several factors can affect the business environment, and they include the following:

1. Economic factors: This includes inflation, unemployment rate, economic growth, and government regulations.

2. Technological factors: This includes advancements in technology that can affect how businesses operate and compete with each other.

3. Social factors: This includes changes in social norms, demographics, and culture, which can affect consumer behavior and preferences.

4. Political factors: This includes government policies, laws, and regulations that can impact how businesses operate and compete with each other.

5. Environmental factors: This includes climate change, global warming, pollution, and other environmental issues that can affect the business environment.

Variability of the business environment:
The business environment is a relative concept because it can vary depending on several factors, including:

1. Industry: The business environment can vary depending on the industry in which a business operates. For example, the business environment for a tech startup will be different from the business environment for a manufacturing company.

2. Geographic location: The business environment can vary depending on the geographic location of a business. For example, the business environment in a developed country will be different from the business environment in a developing country.

3. Time: The business environment can vary over time. For example, the business environment during a recession will be different from the business environment during an economic boom.

4. Size of the business: The business environment can vary depending on the size of the business. For example, the business environment for a small startup will be different from the business environment for a large corporation.

Conclusion:
In conclusion, the business environment is a relative concept because it can vary depending on several factors, including industry, geographic location, time, and size of the business. It is important for businesses to understand the factors that affect their business environment so that they can make informed decisions and remain competitive.