In the above case study, which dimension of business environment is highlighted? Option 1: Economic Option 2: Technological Option 3: Social Option 4: Political

The answer is 'Social'. View full solution:

CUET Business Studies - In the above case study, which dimension of business environment is highlighted? | PYQs + Solutions

CUET Business Studies 2022 16 July Shift 2

Business Studies

Easy

Economic

Technological

Social

Political

✅ Correct Option: 3

Related questions:

2 June Shift 2

Match List-I with List-II

List-I	List-II
Features of business environment	Description
(A) Uncertainty	(I) The business environment keeps on changing, whether in terms of technological improvement or shifts in consumer preferences.
(B) Complexity	(II) The business environment is very difficult to predict.
(C) Dynamic Nature	(III) It is difficult to comprehend at once what exactly constitutes a given business environment.
(D) Inter-relatedness	(IV) Increased life expectancy of people and increased awareness for health care have increased the demand for many health products.

Choose the correct answer from the options given below:

14 May Shift 1

Entrepreneurship is dependent upon several economic, social, political, legal and other environmental factors. Careful monitoring of the environment for detecting early signs of opportunities and threats may influence current and future plans. This process is known as:

15 May Shift 2

"The volume of exports of these products gives India an advantage in Balance of Payments and much needed Foreign Exchange."
Identify the Dimension of Business Environment.

CUET Business Studies 2022 16 July Shift 2 PYQs

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