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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.

Medium · Level 6 · 1 questions

Practice questions

01Rules that require a business to renew its licence are part of which dimension of the business environment?

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Answer and explanation

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