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CUET Business Studies 2025 PYQs15 May Shift 2. Free, no login required.

Business Studies

past year questions, CUET Business Studies 2025 15 May Shift 2

Business Environment

past year questions, Business Studies, CUET Business Studies 2025 15 May Shift 2

Easy

India's craft heritage is a reflection of its rich customs and traditions, deeply rooted in centuries of artistic excellence. The handicraft industry plays a significant role in the economy, offering immense potential for improving the balance of payments and earning foreign exchange earnings through exports. Understanding the business environment is crucial to charting a future course of action that supports artisans while promoting Indian advantages globally. In line with the Prime Minister's vision, the industry should be extended by linking traditional crafts with modern technology. Focus must be laid on changing the manufacturing process to ensure durability, meet global standards and foster innovation. This approach can open new markets and opportunities, boost India's soft power abroad, strengthen the sector that not only presences its heritage but also creates employment & sustainable livelihood.

"India's craft heritage is surviving because of its customs and tradition." Identify the dimension of the business environment.

Solution

✅ Correct Option: 2

Option 1 -> Economic dimension deals with factors like income, inflation, interest rates, and economic policies, not customs and traditions.

Option 2 -> Social dimension encompasses customs, traditions, values, beliefs, and cultural practices that influence business activities and consumer behavior.

Option 3 -> Legal dimension relates to laws, regulations, and legal framework governing businesses, not cultural practices.

Option 4 -> Technical dimension involves technology, innovation, and technical know-how, which is unrelated to customs and traditions.

Hence, Option 2: Social -> Customs and traditions are core elements of the social environment that shape consumer preferences, lifestyle, and cultural practices. India's craft heritage survives due to these social factors that create demand and appreciation for traditional crafts, making this a clear example of the social dimension of business environment -> correct

More from this set:

Question 47

"The Prime Minister desires that the Handicrafts Industry should be expanded by linking it with technology". Identify the Dimension of Business Environment.

Question 48

SubQuestion No : 48

"Focus should be on changing the manufacturing process, ensuring durability and adopting innovations".

Identify the Dimension of Business Environment.

Question 49

"The volume of exports of these products gives India an advantage in Balance of Payments and much needed Foreign Exchange."
Identify the Dimension of Business Environment.

Question 50

"Understanding of Business Environment can be the basis for deciding the future course of action". Identify the Importance of Business Environment.

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CUET Business Studies Past Year Questions (Topic-Wise)