The prevalent use of UPI (Unified Payment Interface) represents which dimension of Business environment?
Technological
The Unified Payment Interface (UPI) is a digital payment system that facilitates instant money transfer and is a technological advancement in the business environment. It enables easier, quicker, and more efficient financial transactions. Therefore, the correct answer is (b) Technological.
Important Questions from Business Environment
Business Environment consists of numerous interrelated and dynamic conditions or forces which arise from different sources, that are difficult to comprehend. Identify the feature of Business Environment highlighted in the above lines.
These plans are strict, rigid and specific statements that inform what is to be done.
The Government of India made an announcement to demonetise ₹500 and ₹1,000 on:
Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity.
Which of the following does not characterise business environment?
