CUET Business Studies - In the context of the above given case, identify one valid importance of the business environment. | PYQs + Solutions

CUET Business Studies 2025 30 May Shift 1

Business Studies

Easy

Enables the firm to identify opportunities and getting first mover advantage.

Uncertainty

Delay in action

Pervasive function

✅ Correct Option: 1

Related questions:

24 May Shift 1

The importance of the business environment includes:

(A) Identifying first mover advantage

(B) Improving business performance

(D) Coping with rapid changes

Choose the correct answer from the options given below:

29 May Shift 2

Which of the following are components of the economic environment?

(A) Saving and investment rate

(B) Technological conditions

(D) Public debt

Choose the correct answer from the options given below:

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:

CUET Business Studies 2025 30 May Shift 1 PYQs

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