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Goodwill Enterp… (Class 12 Business Studies SQP 2024-25, Q6)

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Business StudiesCBSE Class 12 · Sample paper, session 2024-25 · 1 mark · MCQ

CBSE Class 12 Business Studies sample paper 2024-25: question 6

From the official CBSE sample question paper for 2024-25, section A, question 6, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q6 · 1 mark · MCQCompetency-basedBusiness Environment

Goodwill Enterprises is a large-scale automobile manufacturer, who fulfills the needs of both industrial users and consumers. The company is providing easy finance facilities at a low rate of interest, which has considerably increased the demand for the product. The company has installed a new branch management software to efficiently manage and coordinate activities across their multiple branches and locations.
Identify the components of the business environment from the above case study.

  1. (A)Political and economic environment
  2. (B)Economic and social environment
  3. (C)Technological and legal environment
  4. (D)Economic and technological environment

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2024-25.

Hints

Open one hint at a time and try again before the next.

Hint 1

Interest rates belong to which environment?

Hint 2

Software belongs to which environment?

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Easy finance at low interest rates relates to credit and interest rates, part of the economic environment.

  2. New branch management software is a technological change. So the components are economic and technological. Option (D).

    1 mark

Answer: (D) Economic and technological environment

Where the marks are

  • Interest rates and software (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Business Environment, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2024-25: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.