'The Punjabi women prefer suits while Bengali women mostly prefer sarees'. Identify the feature of business environment discussed in this statement:

Option 1 -> The complex phenomenon refers to multiple interrelated factors affecting business, but the statement simply compares regional preferences without discussing complexity. Option 2 -> The relative concept means business environment varies across regions, countries, and cultures. The statement shows different clothing preferences in Punjab vs Bengal, demonstrating regional variation. Option 3 -> Dynamic nature refers to changes over time, but the statement discusses geographical differences, not temporal changes. Option 4 -> Uncertainty refers to unpredictability in business conditions, which is not illustrated by this comparison of regional preferences. Hence, Option 2 -> The statement exemplifies that business environment is a relative concept because it shows how consumer preferences and market conditions differ from one region to another (Punjab vs Bengal), proving that what works in one geographical area may not work in another -> correct