Question : The finance minister reduced the repo rate to overcome recession. This is related to which dimension of business environment?
Option 1: Economic environment
Option 2: Political environment
Option 3: Social environment
Option 4: Technological environment
Correct Answer: Economic environment
Solution : Economic environment refers to all the forces and factors which directly influence the economy of your country. Aspect of economic environment includes The finance minister reduced the repo rate to overcome recession. Hence, option 1 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 3: Technological 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
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 2: Social environment
Option 4: Social environment
Question : Identify the dimensions of business environment which has impact on the interest rate, inflation rate, changes in disposable income of the people, etc.
Option 4: Political environment
Question : ____________ environment includes forces relating to scientific improvements and innovations.
Option 1: Technological environment
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