Match List-I with List-II.
|
List-I Dimensions |
List-II Examples |
|
(A) Legal Environment |
(I) Customs and Tradition |
|
(B) Technological Environment |
(II) Political conditions |
|
(C) Political Environment |
(III) Judgements |
|
(D) Social Environment |
(IV) Advancements in computers |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → (A) - (III), (B) - (IV), (C) - (II), (D) - (I)
(A) Legal Environment – (III) Judgements — The legal environment includes legislations, administrative orders, court judgments and decisions of commissions and agencies.
(B) Technological Environment – (IV) Advancements in computers — The technological environment includes scientific improvements and innovations, for example advances in computers and electronics.
(C) Political Environment – (II) Political conditions — The political environment includes political conditions such as the stability and peace in the country.
(D) Social Environment – (I) Customs and Tradition — The social environment includes social forces like customs and traditions and values.
NCERT (2026-27 Edition): “Summary … Legal environment includes various legislations passed by the government, administrative orders issued by government authorities, court judgments as well as decisions rendered by various commissions and agencies at every level of the government— center, state or local.” “(iii) Technological Environment: Technological environment includes forces relating to scientific improvements and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business. …” “(iv) Political Environment: Political environment includes political conditions such as general stability and peace in the coun-try and specific attitudes that elected government representatives hold towards business. …” “Summary … Social environment includes social forces like traditions, values, social trends, society’s expectations of business, and so on.” |