Business Studies

Business Environment

Medium

Match List-I with List-II

List-I List-II
Dimensions of business environment Their components
(A) Social Environment (I) Agricultural and industrial production trends
(B) Political Environment (II) Consumption habits
(C) Economic Environment (III) Government intervention in business
(D) Technological Environment (IV) Food preservatives

Choose the correct answer from the options given below:

List-I	List-II
Dimensions of business environment	Their components
(A) Social Environment	(I) Agricultural and industrial production trends
(B) Political Environment	(II) Consumption habits
(C) Economic Environment	(III) Government intervention in business
(D) Technological Environment	(IV) Food preservatives

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (II), (B) - (III), (C) - (I), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 3

Option 1 -> Incorrectly matches Economic Environment with Food preservatives (IV) and Technological Environment with Production trends (I), which don't align with their core characteristics.

Option 2 -> Incorrectly matches Social Environment with Food preservatives (IV) and Technological Environment with Production trends (I), which are not appropriate pairings.

Option 3 -> Correctly matches all dimensions: Social with Consumption habits (II), Political with Government intervention (III), Economic with Production trends (I), and Technological with Food preservatives (IV).

Option 4 -> Incorrectly matches Social Environment with Government intervention (III) and Political Environment with Food preservatives (IV), which reverses the logical relationships.

Hence, Option 3: (A) - (II), (B) - (III), (C) - (I), (D) - (IV) -> Social Environment relates to consumption habits of society, Political Environment involves government's role in business, Economic Environment encompasses agricultural and industrial production trends, and Technological Environment includes innovations like food preservatives -> correct

2022: 28 May Shift 2

Considering the economic environment of a business, the components are :

(A) Life expectancy

(B) Inflation

(D) Consumption Habits

(E) Disposable Income

Choose the correct answer from the options given below :

2025: 3 June Shift 2

"The health and fitness trend has become popular among many urban dwellers. This has created a demand for products like organic food, gyms, bottled (mineral) water and food supplements". Identify the component of the business environment highlighted in the aforesaid statement.

2025: 15 May Shift 1

It is also imperative for the management of the enterprise to obey the law of the land. Which dimension of the business environment is reflected in this statement?

2026: 13 May Shift 2

The statement true in the context of Economic Environment is/are:

(A) Shifts in demand from vacuum tubes to transistors, from fountain pens to ballpoint, from propeller airplanes to jets, have all been responsible and creating new businesses.

(B) High inflation rates generally result in constraints on businesses as they increase the various costs of business such as the purchase of raw materials or machinery and payment of wages and salaries to employees.

(C) A rise in the disposable income of people due to an increase in the gross domestic product of a country creates an increasing demand for products.

(D) The health-and-fitness trend has become popular among numerous urban dwellers. This has created a demand for products like organic food, gyms, bottled (mineral) water and food supplements.

Choose the correct answer from the options given below:

2026: 11 May Shift 1

The features of Business Environment include:

A. Certainty

B. Complexity

C. Inter-relatedness

D. Dynamic nature

Choose the correct answer from the options given below:

2025: 13 May Shift 2

"It is very difficult to predict future happenings, especially when environmental changes are taking place too frequently". Which feature of business environment is reflected in the above statement?

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)