Question

The Government has directed the automobile industry to design and produce fuel efficient vehicles in view of rising level of pollution and ever-increasing prices of oil and petroleum products.
a) Name and explain the component of business environment which is relevant in the above case.
b) Write any 2 values which are promoted in the above case​

Answer 1

Answer:

(a) Technological environment

(b) Protection of Environment

conservation of resources

Explanation:

explanation for (a) :

it is because the the government has directed the company to produce and design a efficient vehicle

Answer 2

(a) Technological environment

(b) 1.Protection of Environment

    2.Conservation of resources