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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
    Which of the following is a component of economic environment?

    A) Birth and death rate

    B) Concern with quality of life

    C) Rates of saving and investment

    D) Extent of government intervention in business

    Correct Answer: C

    Solution :

    [c] Explanation: Economic environment consists of financial factors like interest rates] inflation rates, saving rates, investment rates, exchange rates, GDP, etc.


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