2. Questions Bank
  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
    “Even after opening up of the Indian economy in 1991, foreign companies found it extremely difficult to cut through the bureaucratic red tape to get permits for doing business in India, which created a negative impact on business. Identify the business dimension highlighted in the above statement.

    A) Social   

    B) Technological

    C) Political            

    D) Legal

    Correct Answer: C

    Solution :

    [c] Explanation: Red-tapism and negative approach of government officials discourage investors and create business uncertainty.


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