हिंदी

Attempt the following: Economic Environment.

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प्रश्न

Attempt the following:

Economic Environment.

संक्षेप में उत्तर
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उत्तर

The economic environment comprises economic condition economic policies and economic systems which are the important factors influencing development and trade cycles, national income, etc.

(1) Economic Condition: If refers to the present state of the economy of a country or region based on the gross domestic product, per capita income, availability of capital, etc.
(2) Economic Policies: The government frames economic policies from time to time influencing business activities. In order to control the business in the interest of the politics. e.g.- Intestinal policy, monetary policy foreign investment policy, etc.
(3) Economic System: It refers to the scope of private business and extent of government regulation on economic activities determines the nature of the economic system i.e. capitalist social or mixed economic

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अध्याय 7: Business Enviroment - Exercise Q.7 [पृष्ठ १५२]

APPEARS IN

बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.7 | Q 3 | पृष्ठ १५२

संबंधित प्रश्न

What is meant by 'business environment'?


Why is the understanding of business-environment important for managers? Explain with the help of any four points


What is included in ‘Technological Environment’ of business? State.


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


Match the pairs.

Group ‘A’ Group ‘B’
A) Globalization 1) Profit motive
B) Privatization 2) 2006
C) Liberalization 3) Borderless economy
D) New economic policy 4) Service Motive
E) Social Environment 5) Internal factor
  6) Disinvestment
  7) Social Values
  8) 1991
  9) Abolishing license policy
  10) GATT

Give one word/phrase/term.
Uncontrollable factors of the business environment.


Give one word/phrase/term.
The environmental of business that includes customs and traditions, values, social trends.


State whether the following statement is True or False.
Business is the product of different environmental factors. 


Correct the underlined word and rewrite the following sentence.

External factors of business environment are controllable.


Explain the following term/concept.

Economic environment.


Justify the following statement:

Political stability builds up confidence among business people.


Attempt the following:

Social Environment.


Attempt the following:

Political Environment.


Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is-


Which of the following are the characteristics of business environment?


"The shift of demand from soft drinks to juices is an opportunity for juice companies and threat for soft drink companies." Identify the feature of business environment:


The term 'Business Environment' means the sum total of:


'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of 'Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'.

To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children.

The above information highlights one of the features of 'Business Environment'. Identify the feature from the following:


Which of the following is an example of an external factor in the business environment?


Which option lists both internal and external factors from the diagram provided?


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