Correct option is C
The concept which is pointed out in the phrase is ‘Business Environment’.
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Reading Comprehension
Answer question based on following case study.
Mr. Rajan wants to start a new business. Before starting new business, he made an analysis and found various external and uncontrollable forces which affect individual enterprise directly and indirectly. Because these forces keep on changing. it is difficult to predict future happenings. Some examples of these forces are growth rate of GDP, consumption habits, expansion of communication facilities etc.
1) Question
Identify the concept which is pointed out in the phrase "Various external and un-controllable forces which affect individual enterprise"?
2) Question
Which feature has been indicated for the identified concept in the phrase 'These forces keep on Changing'?
Correct option is B
Dynamic means which keeps on changing. Therefore ‘Dynamic’ feature of the business environment is discussed in the given statement.
3) Question
Identify the feature of concept identified indicated in the phrase 'Difficult to predict future happenings'.
Correct option is D
Uncertainty means difficult to predict. Therefore, ‘Uncertainty’ feature of the business environment is discussed in the given statement.
4) Question
‘Growth rate of GDP’ is a component of:
Correct option is A
‘Growth rate of GDP’ is a component of Economic Environment
5) Question
'Consumption habits' is a component of:
Correct option is B
'Consumption habits' is a component of Social Environment.
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CUET 2025 English Language Mock 01
English
50 Questions
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45 Mins
EnglishSimilar Questions
- 1)Under which dimension of business environment is "Online Booking of Air Tickets” included?
- 2)Which of the following is an example of economic environment?
- 3)Which of the following is an example of legal environment?
- 4)Which of the following does not characterise business environment?
- 5)_______________ means the integration of the various economies of the world leading towards the emergence of cohesive global economy.
- 6)Considering the concept of "New industrial Policy, 1991", the reforms adopted was/were:
(A) Globalisation
(B) Liberalisation
(C) Demonetisation
(D) Privatisation
(E) Reinvestment
Choose the correct answer from the options given below: - 7)Which of the following is not an impact of Government policy changes on business and industry?
- 8)Administrative orders of Government are the main element of __________ environment.
- 9)Which of the following factors, constitute economic environment of business?
(A) Monetary policy of RBI
(B) Equality of opportunity
(C) Balance of Payment
(D) Rate of savings and investment
(E) Attitude of Ruling party
Choose the correct answer from the options given below: - 10)COVID-19 pandemic had a great on the life of people and led to an increase in the use of Ayurvedic medicines and exercising equipment. Identify the dimension of business environment discussed in the above case.
