Class 12 Commerce Business Environment — practice questions
13 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice Class 12 Commerce Business Environment in the app →Business environment refers to the:Which of the following is a key feature of the business environment?The dimension of the business environment that includes interest rates, inflation and income levels is the:The dimension of the business environment relating to customs, traditions and values of society is the:The 1991 New Economic Policy of India is associated with the three processes of:Reducing government restrictions and licensing requirements on business is called:Giving a greater role to the private sector and reducing that of the public sector is called:Integrating a country's economy with the world economy through freer trade and capital flows is called:The 2016 step of withdrawing ₹500 and ₹1000 notes as legal tender is known as:Understanding the business environment helps a firm to:The dimension of the business environment covering scientific improvements and innovations is the:The legal environment of business includes:A firm that fails to adapt to a changing business environment is most likely to: