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  3. 12th Class
  4. Business Studies
  5. Principles Of Management

12th Class Business Studies Principles Of Management Question Bank Topic - 2 MCQs - Dimensions of Business Environment

  • question_answer
    "The Finance Minister reduced the rate of income tax to overcome recession." Which dimension of business environment is highlighted by the statement?

    A) Economic

    B) Legal

    C) Technological

    D) Social

    Correct Answer: A

    Solution :

    (a) Explanation: Reduction in the rate of income tax is related to economic environment.
    “The big Bollywood movies are scheduled to be released on the same date. But at the last moment, release of one movie had to be postponed due to opposition by a group of people because of some unethical content in the movie. The loss suffered by movie postponed provide opportunity for the released movie to earn maximum profits.” Now answer questions 13 and 14.


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