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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.

SubQuestion No : 48

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

Identify the Dimension of Business Environment.

Solution

✅ Correct Option: 4

Option 1 -> Economic Environment deals with economic factors like inflation, interest rates, and fiscal policies, not manufacturing processes or innovations.

Option 2 -> Social Environment relates to cultural values, lifestyle, demographics, and social trends, not technological changes in manufacturing.

Option 3 -> Legal Environment focuses on laws, regulations, and legal compliance requirements, not manufacturing processes or innovations.

Option 4 -> Technological Environment encompasses changes in manufacturing processes, innovations, product improvements, and durability enhancements through technology.

Hence, Option 4: Technological Environment -> The statement emphasizes "changing the manufacturing process," "ensuring durability," and "adopting innovations" - all of which are core aspects of the technological dimension that deals with technological advancements, production methods, and innovation in business operations -> correct

More from this set:

Question 46

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

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 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)