12th Class Business Studies Business Environment Question Bank MCQs - Business Environment

  • question_answer
    India opened up its economy to the outside world in 1991 to encourage foreign capital in the Indian Industry through LPG. To promote the initiative, the Prime Minister Narendra Modi attracted various foreign investing partners to produce and sell the goods in India under its 'Make in India' initiative. The foreign companies like 'I-phone' installed manufacturing unit in India. Identify the dimension of business environment associated in the above case.

    A) Technological environment

    B) Social environment

    C) Legal environment

    D) Economic environment

    Correct Answer: D

    Solution :

    [d]


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