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Question Practice

What is a significant social impact of increased competition due to policy changes?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Business Studies
Business Studies - I
Business Environment
Question Bank

What is a significant social i...

Single Answer MCQ
Q-00092313

What is a significant social impact of increased competition due to policy changes?

1

Reduction in consumer choices

2

Enhanced quality of goods and services

3

Higher job security in all sectors

4

Increased monopoly in key industries

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