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Increase or decrease in the value of Rupee is an example of _________
- a)Political Environment
- b)Economic Environment
- c)Social Environment
- d)None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Increase or decrease in the value of Rupee is an example of _________a...
The economic environment deals with the economic factors in the environment they could affect the consumer behavior. Since, value of money is one of the major factors in the economy, the increase and decrease its value is an example of economic environment.
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Increase or decrease in the value of Rupee is an example of _________a...
The economic environment encompasses various factors that influence consumer behaviour and overall economic activity. Key points include:
- The value of money is a crucial aspect of the economy.
- Fluctuations in the value of the Rupee serve as a clear example of the economic environment.
- Changes in currency value can affect purchasing power and spending habits.
- Understanding these economic factors is essential for businesses to adapt and thrive.
In summary, the economic environment plays a vital role in shaping business strategies and consumer behaviour.
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Increase or decrease in the value of Rupee is an example of _________a)Political Environmentb)Economic Environmentc)Social Environmentd)None of theseCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Increase or decrease in the value of Rupee is an example of _________a)Political Environmentb)Economic Environmentc)Social Environmentd)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Increase or decrease in the value of Rupee is an example of _________a)Political Environmentb)Economic Environmentc)Social Environmentd)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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