Match List-I with List-II

List-I Features of business environment	List-II Applications
(A) Dynamic nature	(I) Difficult to know the relative impact of the social environment on changes in demand for a product.
(B) Inter-relatedness	(II) Entry of new competitors in the market.
(C) Complexity	(III) New health products have changed people's lifestyles.
(D) Relativity	(IV) Demand for sarees may be fairly high in India, whereas it may be almost non-existent in France.

Choose the correct answer from the options given below:

Option 1 -> (A)-(IV), (B)-(III), (C)-(II), (D)-(I) - Incorrectly matches Dynamic nature with geographical differences and Complexity with new competitors, which doesn't align with the concepts.

Option 2 -> (A)-(II), (B)-(III), (C)-(I), (D)-(IV) - Correctly matches: Dynamic nature with market changes (new competitors), Inter-relatedness with interconnected factors (health products affecting lifestyle), Complexity with difficulty in understanding impacts, and Relativity with geographical variations.

Option 3 -> (A)-(I), (B)-(II), (C)-(IV), (D)-(III) - Incorrectly matches Dynamic nature with complexity issues and Relativity with lifestyle changes, which is conceptually wrong.

Option 4 -> (A)-(III), (B)-(IV), (C)-(I), (D)-(II) - Incorrectly matches Dynamic nature with lifestyle changes and Relativity with new competitors, which doesn't fit the definitions.

Hence, Option 2: (A)-(II), (B)-(III), (C)-(I), (D)-(IV) -> Dynamic nature refers to constant changes (new competitors entering), Inter-relatedness shows how factors affect each other (health products changing lifestyles), Complexity reflects difficulty in understanding multiple impacts (social environment's effect on demand), and Relativity indicates variation across regions (sarees demand varying between India and France) -> correct