Easy

Which of the following is related to economic dimension of business environment?

Modes of transportation communication facilities

Life expectancy and expectations from the workforce

Legislations passed by the government and regulations laid down by government authorities.

Technological developments and innovations

✅ Correct Option: 1

Option 1 -> Modes of transportation and communication facilities are part of economic infrastructure that directly impacts business operations, costs, and market accessibility. Option 2 -> Life expectancy and workforce expectations relate to the social and demographic dimension of business environment, not economic. Option 3 -> Legislations and government regulations belong to the legal and political dimension of business environment. Option 4 -> Technological developments and innovations constitute the technological dimension of business environment. Hence, Option 1: Modes of transportation communication facilities -> Transportation and communication facilities form the economic infrastructure that enables trade, commerce, and business operations. They directly affect distribution costs, market reach, and operational efficiency, making them integral components of the economic dimension of business environment -> correct

2025: 22 May Shift 2

The components of the Economic Environment are:

(A) Expansion of transportation and communication facilities

(B) Money supply in the economy

(D) Planned outlay in private and public sectors

Choose the correct answer from the options given below:

2024

Which of the following does not characterise business environment?

2025: 22 May Shift 2

Identify which is not a feature of a business environment, from the options given below.

2025: 14 May Shift 1

If 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

(D) Upgrading technology

Choose the correct answer from the options given below:

2026: 21 May Shift 2

The dimensions of, or the factors constituting, the business environment are:

A. Personal environment

B. Economic environment

C. Social environment

D. Legal environment

Choose the correct answer from the options given below:

2026: 23 May Shift 2

Expansion of transportation and communication facilities fall under which dimension of Business Environment?

Which of the following is related to economic dimension of business environment?

Solution

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