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Subjects

Business Studies

Dimensions of business environment

In Class 12 Business Studies, the topic “Dimensions of Business Environment” explains the major external forces that influence business decisions and performance. Students learn to distinguish the economic, social, technological, political and legal dimensions, understand how each affects opportunities, risks, consumers and organisations, and connect these factors with changes in business policies and practices. The topic helps learners analyse the wider environment in which businesses operate.

Expert · Level 3 · 25 questions

Practice questions

01Currency depreciation increased the cost of imported medicines and the company revised prices. Which dimension affects this?

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02A company changed packaging colours because local culture preferred traditional colours. Which dimension is involved?

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03An insurance company started risk assessment through artificial intelligence. This is mainly an example of which dimension?

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04After election results agricultural subsidy policy changed and an equipment maker changed its sales plan. Which dimension is this related to?

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05If a company had to change maternity benefit policy according to new labour rules which dimension is it?

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06When national income grew slowly a company adopted cost control instead of expansion. This is the effect of which dimension?

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07Demand for personal finance apps increased due to rising economic independence of women. What is the main social signal in this case?

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08A company measured electricity use through internet of things based sensors and reduced energy wastage. Which dimension is it?

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09The government gave priority to local manufacturers in public procurement which gave a company a new opportunity. Which is the main dimension?

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10A company reduced credit sales due to weak contract enforcement system. Which dimension is this linked with?

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11Customer spending decreased due to high unemployment and the company made a discount based plan. This is the effect of which dimension?

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12Customers became hesitant to share data due to rising sensitivity towards privacy in society. This is a signal of which dimension?

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13Political leadership prioritized rural industries and a bank increased rural enterprise loans. Which dimension is it?

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14Due to a new data protection notification a company changed the process of taking customer consent. This is a case of which dimension?

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15A company created limited edition packs due to the tradition of giving gifts during festivals. Which dimension is this related to?

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16A company trained employees for risky machine operation using augmented reality. This is an example of which dimension?

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17The government limited purchase of some telecom equipment on national security grounds. This is an example of which dimension?

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18A company reassessed both profit margin and price after tax rate increased. This is the effect of which dimension?

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19A company disclosed sourcing and production process due to rising social thinking of responsible consumption. This is a signal of which dimension?

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20A service company started classifying complaints instantly through conversational artificial intelligence. Which dimension is this linked with?

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21A company approved a ten year plant plan due to stability of government policy. Which is the main dimension?

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22A regulator penalized a company for false claims in advertising and the company changed promotional material. This is a case of which dimension?

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23When national economic growth slowed a company stopped new hiring and started cost saving. Which dimension influences this?

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24Demand for counselling services at workplace increased due to rising mental health awareness in society. Which dimension does this show?

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25A company analysed customer movement in a retail store through smart cameras. This is the effect of which dimension?

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