Question

Economic environment of business is influenced by

• A. Economic policy
• B. Economic system
• C. Economic development
• D. All of these

Hint:

The economic environment is shaped by multiple interrelated factors such as policies, economic systems, and development.

Answer 1

The Correct Option is D

Step 1: Understand the factors influencing the economic environment.
The economic environment of business is shaped by various factors including economic policies (such as fiscal and monetary policies), the economic system (capitalist, socialist, or mixed economy), and the overall economic development of a country.
Step 2: Evaluate the options.
- Economic policies affect business operations through regulations, taxes, and interest rates. - The economic system determines how resources are allocated and impacts market conditions. - Economic development influences business opportunities and growth prospects.
Step 3: Conclude.
All of these factors collectively influence the economic environment in which businesses operate.
Final Answer: \[ \boxed{\text{All of these}} \]