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Business Studies · 2025 · 4 marks
CBSE 2025 · Region 4 · Set 3 · Q28
Identify and explain the dimension of business environment in each of the following situations: (i) 'Alexa pay my electricity bill' is the latest…
Identify and explain the dimension of business environment in
each of the following situations:
(i)
'Alexa pay my electricity bill' is the latest feature of Alexa App
which enables Amazon customers to pay their utility bills
with 'Amazon Pay' just by speaking to Alexa.
(ii)
Monika is working in a multi-national company. As an impact
of work-from-home regime, she is now in a better position to
inculcate moral values and healthy food habits in her
children.
(iii)
Atisha purchased a home and for this she took a loan from
the bank. Monthly instalment on her loan increased as the
banks increased the interest rate on loans.
(iv)
'Mother's milk is best for babies' is printed on the pack of
'First Bite' baby milk powder, produced by 'MQP Baby Food
Ltd. By doing this, the company is not only protecting the
consumers' interests, but also necessarily informing its
potential buyers about the importance of mother's milk.
Marking-scheme solution
(i)
Technological Environment - It includes forces relating to
scientific improvements and innovations which provide new ways
of producing goods and services and new methods and techniques
of operating a business.
(ii)
Social Environment - Social Environment includes social forces
like custom and traditions, values, social trends and society’s
expectation from business which have an impact on business
enterprise.
(iii)
Economic Environment - Economic environment refers to
factors like interest rates, inflation rates and changes in disposable
income of people etc. which have an impact on business
enterprise.
(iv)
Legal Environment – Legal environment includes various
legislations passed by the Government administrative orders issued
by government authorities, court judgments as well as the
decisions rendered by various commissions and agencies at every
level of the government— centre, state or local. It is imperative for
the management to obey these.
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CBSE Class 12 Business Studies past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.