CUET Business StudiesBusiness Studies > MediumInter-relatedExternal forcesMarket orientation and productRelativity✅ Correct Option: 3Related questions:28 May Shift 2Considering the economic environment of a business, the components are : (A) Life expectancy (B) Inflation (C) Interest Rate (D) Consumption Habits (E) Disposable Income Choose the correct answer from the options given below :14 May Shift 2Which of the following factors are related to the economic environment? Balance of Payments and Budgets Life expectancy and expectations from the workforce Legislations passed by the government and regulations laid down by government authorities. Technological developments and innovations 31 May Shift 1"Understanding of the business environment by managers can be appreciated if the manager considers one of the following aspects of the business environment". Identify the point of importance of business environment from the following: