Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

What are the dimensions or factors constituting the business environment?

Options:

Cultural and geographical factors

Economic, social, technological, political, and legal conditions

Internal organizational structure

Individual preferences of employees

Correct Answer:

Economic, social, technological, political, and legal conditions

Explanation:

The dimensions or factors constituting the business environment include economic, social, technological, political, and legal conditions. These are considered relevant for decision-making and improving the performance of an enterprise. Understanding these dimensions is crucial for effective management and decision-making.