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  3. 12th Class
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  5. Principles Of Management

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

  • question_answer
    “The celebration of festivals like Diwali, Eid, Christmas and Guru Parv in India provides significant financial opportunities for greeting cards companies, sweets or confectionery manufacturers, tailoring outlets and many other related business.” Identify the dimension of business environment highlighted by this statement.

    A) Political            

    B) Social

    C) Economie         

    D) Legal

    Correct Answer: B

    Solution :

    [b] Explanation: Social environment consists of factors like social trends, customs and traditions, values, society's expectations from business, etc.


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