Question : Most of the business firms are using social media like facebook, twitter, instagram etc. To promote their business' Which dimension of business environment is being highlighted?
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Social environment
Correct Answer: Technological environment
Solution : The technological environment includes forces related to scientific advancements and innovations that provide new methods of producing goods and services as well as new methods of conducting business. In the preceding example, the majority of business firms promote their products and services through social media platforms such as Facebook, Twitter, and Instagram. This highlighted the business environment's technological environment. Hence, option 3 is the correct answer.
Question : The sale of greeting cards, sweets, chocolate, etc. increases in india during Diwali, Eid, Guruparv and Christman. Name the dimension of environment related to this?
Option 1: Social environment
Option 2: Political environment
Option 4: Economic environment
Question : Just after the declaration of Lok sabha Election in 2014, the Bombay stock exchange index rose by 1000 points. Identify the dimension of business environment?
Option 2: Economic environment
Option 3: Political environment
Option 4: Technological environment
Question : Case Study 6:
GST Ltd. is a service-based company facing challenges in hiring skilled employees due to changes in educational and social trends.
Q:- Which dimension of the business environment is highlighted in this case?
Option 4: Political environment
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile