Question : Which of the following is an example of a legal environment?
Option 1: Death/Birth Ratio
Option 2: Trade Union Act
Option 3: Prevailing Political System
Option 4: Public Debt
Correct Answer: Trade Union Act
Solution :
The laws and regulations enacted by the government, such as the Trade Union Act and the Companies Act, comprise the legal environment. Business operations are governed and impacted by the laws, rules, and legal principles that make up the legal environment of business. Hence, the trade union is an example of a legal environment.
Question : Article 112 deals with:
Option 1: Consolidated Fund of India
Option 2: Public Account
Option 3: Union Budget
Option 4: Contingency Fund
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question :
Under which dimension of the business environment Online Booking of Air Tickets" included?
Option 1: Legal dimension
Option 2: Economic dimension
Option 3: Technical dimension
Option 4: Social dimension
Which of the following is an example of an economic environment?
Option 1: Money supply in economy
Option 2: Constitution of the country
Option 3: Life expectancy
Option 4: Population shifts
Question : Which of the following does not characterise the business environment?
Option 1: Inter-related
Option 2: Market orientation and product
Option 3: External forces
Option 4: Relativity
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