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Question
"Increase in the use of mobile phones and i-pods instead of papers and radio" refers to an example of key component of general environment of business. Identify the component of business environment.
Options
Technological
Political
Legal
Economic
MCQ
Solution
Technological
Explanation -
The state of science and technology in the country is referred to as the technical environment. The external environment of the organisation is related to the development element of technology.
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Dimensions of Business Environment
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