Which of the following is an example of legal environment? Option 1: Death/Birth Ratio Option 2: Trade Union Act Option 3: Prevailing Political System Option 4: Public Debt

The answer is 'Trade Union Act'. View full solution:

CUET Business Studies - Which of the following is an example of legal environment? | PYQs + Solutions

CUET Business Studies

Business Studies

Medium

Death/Birth Ratio

Trade Union Act

Prevailing Political System

Public Debt

✅ Correct Option: 2

Related questions:

3 June Shift 2

"At times, it may be difficult to know the extent of the relative impact of the social, economic, political, technological or legal factors on changes in demand for a product in the market". Identify the feature of the business environment highlighted in the aforesaid statement.

22 May Shift 1

Match List-I with List-II

List-I	List-II
Dimensions of business environment	Examples
(A) Social environment	(I) Smoking bans in restaurants, shopping malls and public parks can have a significant impact on business.
(B) Political environment	(II) Higher cost of production will tend to force prices to go up.
(C) Economic environment	(III) The nature of the relationship of India with its neighboring countries.
(D) Legal environment	(IV) A common trend is the increasing movement of young workers to cities away from rural areas.

Choose the correct answer from the options given below:

30 Aug Shift 1

Attitudes towards product innovations, lifestyles, occupational distribution and consumer preferences constitute _____ dimension of business environment.

CUET Business Studies PYQs

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