Business Environment · Class 12 · CBSE · Commerce Business Studies
Which of the following dimensions of the business environment includes the-rate of inflation, changes in disposable income of people, and stock marke…
Practice question from Business Environment (Class 12 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
easy · MCQ · Q-4783FD
Which of the following dimensions of the business environment includes the-rate of inflation, changes in disposable income of people, and stock market indices?
- A.Social environment
- B.Economic environmentCorrect answer
- C.Political environment
- D.Technological environment
Solution
The economic environment consists of factors that directly affect economic viability of a business, such as inflation rates, interest rates, disposable income, and stock market indices.
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