Question

Name dimensions of business environment & list out components of economic & social environment

Answer 1

Generally, it is agreed that there are five dimensions to the business environment that influence performance. These dimensions are: a) Economic b) Social c) Technological d) Political and e) Legal. These economic conditions include economic policies, interest rates, inflation rates, and consumer incomes.

Answer 2

Answer:

Generally, it is agreed that there are five dimensions to the business environment that influence performance. These dimensions are: a) Economic b) Social c) Technological d) Political and e) Legal. These economic conditions include economic policies, interest rates, inflation rates, and consumer incomes.