CUET Business StudiesBusiness Studies > MediumInter-relatedExternal forcesMarket orientation and productRelativity✅ Correct Option: 3Related questions:30 May Shift 2Match List-I with List-II List-IList-IIBusiness environmentFactors(A) Economic Environment(I) Peace and Harmony in the State(B) Social Environment(II) Stock Market Condition(C) Legal Environment(III) Customs, Traditions and Festivals(D) Political Environment(IV) Foreign Exchange Management Act Choose the correct answer from the options given below:14 May Shift 1If an Indian firm finds that a foreign multinational is entering the Indian market with new substitutes, it can prepare itself to meet the threat by adopting which of the following measures: (A) Improving the quality of the products (B) Reducing cost of production (C) Engaging in aggressive advertising and making false claims (D) Upgrading technology Choose the correct answer from the options given below:3 June Shift 2Match List-I with List-II List-IList-IIComponentDimension of Business Environment(A) The nature of the relationship of our country with foreign countries(I) Economic Environment(B) Scientific improvements(II) Social Environment(C) Rates of saving and investment(III) Political Environment(D) Attitudes towards product innovations(IV) Technological environment Choose the correct answer from the options given below: