Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following example highlights the feature inter-relatedness?

A) Increased life expectancy of people have increased the demand for many health products.
B) Demand for sarees may be fairly high in India whereas it may be almost non-existent in France.
C) Maruti Udyog became the leader in the small car market because it was the first to recognise the need for small cars in an environment of rising petroleum prices.
D) Increased awareness for health care increase demand for fat free cooking oil.
E) Retailers have direct links with suppliers who replenish stocks when needed.

Choose the correct answer from the options given below.

Options:

A and E only

B and C only

A and D only

D and E only

Correct Answer:

A and D only

Explanation:

The correct answer is option 3. 

A) Increased life expectancy of people have increased the demand for many health products. - It shows inter relatedness as life expectancy and health products are related.
B) Demand for sarees may be fairly high in India whereas it may be almost non-existent in France. - It shows relativity.
C) Maruti Udyog became the leader in the small car market because it was the first to recognise the need for small cars in an environment of rising petroleum prices. - It shows grabing opportunity by the company and become ist mover.
D) Increased awareness for health care increase demand for fat free cooking oil. - It shows inter relatedness as health care and health products are related.
E) Retailers have direct links with suppliers who replenish stocks when needed. - It shows technological change in business.