Question : Introduction of GST and its impact on business enterprise is a part of:
Option 1: Political environment
Option 2: Economic environment
Option 3: Technological environment
Option 4: Social environment
Correct Answer: Economic environment
Solution : The term "economic environment" refers to all of the forces and factors that have a direct impact on a country's economy. In the preceding example, the introduction of GST and its impact on business enterprises is a component of the economic environment. Hence, option 2 is the correct answer.
Question : Fill in the blanks- Introduction of GST and demonetisation is a part of _____ environment.
Option 1: Economic environment
Option 2: Social environment
Option 4: Political environment
Question : Which environment involves the study of changes in technology and its impact on business operations?
Option 1: Technological environment
Option 3: Social environment
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