Chapter 3: Business Environment
Part A: Principles and Functions of Management — Chapter 3: Business Environment
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These MCQs are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 12 board exams standard.
Content Bank — Chapter 3: Business Environment
- Meaning and importance of business environment
- Internal environment: employees, management, partners
- External environment: economic, social, technological
- Political-legal environment, demographic forces
- Globalisation, liberalisation, privatisation (GLP)
- Fiscal policy, monetary policy, industrial policy
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