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प्रश्न
Airlines will be able to offer the benefit of lower pricing to customers on sectors/routes due to the decision of the civil aviation ministry to remove price caps from August 31, 2022. This can help an airline to do better performance if they take early decisions regarding future courses of action after understanding and doing analysis. Which importance of business environment and its understanding by managers is not highlighted above:
विकल्प
It helps in improving performance.
It helps in assisting in planning and policy formulation.
It helps in tapping useful resources.
It enables a firm to identify opportunities and get first mover advantage.
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उत्तर
It helps in tapping useful resources.
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संबंधित प्रश्न
How does understanding of business environment help in improving performance of a business?
Why is management considered as a science?
Justify the following statement:
Social trends provide business opportunities.
Which of the following best indicates the importance of business environment?
Which of the following best indicates the importance of the business environment?
Which of the following points state that success of a business is significantly influenced by its environment?
Assertion (A): The business environment helps in understanding the threats which are likely to happen in the future.
Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal
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From the following points, identify the importance of Business-Environment high lighted above:
Mr. Vivek is working as the General Manager of Oshin Hotels Ltd. Mr. Vivek observed that Government was taking a special interest in the Tourism industry as this sector is an important source of foreign exchange and employment promotion. On the basis of this news, the company decided to set up hotels at several tourist places. Oshin Hotels Ltd. established 50 hotels before other companies considered this issue. Very soon, this brand Oshin Hotels Ltd. became well known in the market. Identify the importance of business environment described here.
An awareness of business environment enables an enterprise to take advantage of early opportunities instead of losing them to competitors.
Which benefit of understanding the business environment is highlighted in the above statement?
Which of the following is considered an external factor in the business environment?
What is the main benefit for businesses that understand the factors in their environment?
Which aspect helps a company compete effectively with other firms?
Using a weather app to plan activities is similar to which business environment concept?
Which of the following aspects focuses on shaping a company’s reputation through its activities and decisions?
