Question : Case Study 8:

JKL Ltd. is a retail company operating in a country that recently went through a demonetization process. The company is facing challenges due to changes in consumer spending behavior.

Q:- What is the business environment factor affecting JKL Ltd. in this case?
 

 

 

 

Option 1: Economic environment

Option 2: Technological environment

Option 3: Political environment

 

Option 4: Legal environment


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Economic environment


Solution : The correct answer is (A) Economic environment

The business environment factor affecting JKL Ltd. in this case is the economic environment. The company is facing challenges due to changes in consumer spending behavior brought about by the recent demonetization process in the country. Economic conditions, including changes in the currency and consumer spending patterns, are part of the economic environment.

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