CUET Business Studies - "The volume of exports of these products gives India an advantage in Balance of Payments and much needed Foreign Exchange."<br/>Identify the Dimension of Business Environment. | PYQs + Solutions

CUET Business Studies 2025 15 May Shift 2

Business Studies

Easy

Economic

Social

Political

Technical

✅ Correct Option: 1

Related questions:

22 May Shift 1

Match List-I with List-II

List-I	List-II
Dimensions of business environment	Examples
(A) Social environment	(I) Smoking bans in restaurants, shopping malls and public parks can have a significant impact on business.
(B) Political environment	(II) Higher cost of production will tend to force prices to go up.
(C) Economic environment	(III) The nature of the relationship of India with its neighboring countries.
(D) Legal environment	(IV) A common trend is the increasing movement of young workers to cities away from rural areas.

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22 May Shift 1

Match List-I with List-II

List-I Features of business environment	List-II Applications
(A) Dynamic nature	(I) Difficult to know the relative impact of the social environment on changes in demand for a product.
(B) Inter-relatedness	(II) Entry of new competitors in the market.
(C) Complexity	(III) New health products have changed people's lifestyles.
(D) Relativity	(IV) Demand for sarees may be fairly high in India, whereas it may be almost non-existent in France.

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16 May Shift 1

Which of the following is an example of Social Environment?

CUET Business Studies 2025 15 May Shift 2 PYQs