Match List-I with List-II
List-I List-II Dimensions of Business Environment Elements (A) Economic Environment (I) Stock market indices (B) Social Environment (II) Attitude that government holds towards business. (C) Technological Environment (III) Attitudes towards product innovations. (D) Political Environment (IV) Scientific improvements and innovations
Choose the correct answer from the options given below:
Match List-I with List-II
| List-I | List-II |
|---|---|
| Dimensions of Business Environment | Elements |
| (A) Economic Environment | (I) Stock market indices |
| (B) Social Environment | (II) Attitude that government holds towards business. |
| (C) Technological Environment | (III) Attitudes towards product innovations. |
| (D) Political Environment | (IV) Scientific improvements and innovations |
Choose the correct answer from the options given below:
Solution
Option 1 -> (A)-(I), (B)-(II), (C)-(III), (D)-(IV): Incorrectly matches Social Environment with government attitude (which is political) and Technological Environment with product innovation attitudes (which is social).
Option 2 -> (A)-(I), (B)-(III), (C)-(IV), (D)-(II): Correctly matches Economic with stock indices, Social with product innovation attitudes, Technological with scientific improvements, and Political with government attitude.
Option 3 -> (A)-(I), (B)-(II), (C)-(IV), (D)-(III): Incorrectly matches Social Environment with government attitude and Political Environment with product innovation attitudes.
Option 4 -> (A)-(III), (B)-(IV), (C)-(I), (D)-(II): Incorrectly matches Economic Environment with attitudes and Technological Environment with stock indices.
Hence, Option 2: (A)-(I), (B)-(III), (C)-(IV), (D)-(II) -> Economic Environment naturally relates to stock market indices as financial indicators; Social Environment encompasses societal attitudes towards product innovations; Technological Environment involves scientific improvements and innovations; Political Environment reflects the government's attitude towards business and policies -> correct
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