CUET Business Studies PYQs

"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.

Which of the following is an example of Social Environment?

Which of the following factors are related to the economic environment?

1. Balance of Payments and Budgets
2. Life expectancy and expectations from the workforce
3. Legislations passed by the government and regulations laid down by government authorities.
4. Technological developments and innovations