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'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 - Business Studies

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प्रश्न

'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:

विकल्प

  • Uncertainty

  • Dynamic Nature

  • Relativity

  • Interrelatedness

MCQ
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उत्तर

Dynamic Nature

Explanation: 

The business environment is very adaptable and constantly evolving. It is not static or rigid, which is why it is critical to continuously monitor and scan the business environment.

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2022-2023 (March) Delhi Set 1

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संबंधित प्रश्न

Beni, after completing her MBA, took up a job with a multinational company named 'Fortio'. The company was paying good salary and perks to its employees. The wages were within the paying capacity of the company the provided the employees a reasonable standard of living. The company also had a good work-culture and the behaviour of superiors was very good towards their subordinates. Beni was very happy in this organisation, but due to long working hours, she did not have time to cook her meal. She had to depend upon outside food, which was deteriorating her health. She observed that this problem was faced by many of her colleagues, not only in her company but also in many other companies. This was because of increase in the number of working women and non-availability of hygienic home-cooked food. She identified this as a great opportunity and decided to give up her job to supply packaged home-cooked food to office goers at a reasonable price. At the end of the day, she was also distributing the left-over food in the nearby night-shelters

a. State the dimension of the business environment being discussed above.
b. State the principle of management being followed by 'Fortio'.
c. Identify any two values being communicated by the company to the society in the
above case.


Explain any three features Business Environment


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


Answer the question.
Explain any four features of the Business Environment.


Match the pairs.

Group ‘A’ Group ‘B’
A) Internal environment 1) Knowledge of law
B) Political environment 2) Taxation policy
C) Legal environment 3) Technology
D) Economic environment 4) Traditions
  5) WTO
  6) Controlled by business
  7) High cost
  8) Ideology of political party

Compete the sentence.
Geographical and Ecological factors are included in ____________ Environment.


Literacy is the important part of ______ Environment.


Compete the sentence.
Stability and peace in the country includes in _______ Environment.


Select the correct Option 
In how many type environmental factors can be classified?


Study the following case/situation and express your opinion.

Make in India is an initiative launched by the government of India. It focuses on job creation and skill development and it is in twenty-five sectors of the economy. Under the initiative, brochures on these sectors and web portal were released. The initiative aims at high quality standards and minimizing the impact on the environment. It also seeks to attract foreign capital investment in India.

  1. Identify dimensions of the business environment.
  2. Comment on it.

Attempt the following:

Economic Environment.


Answer the following.

What is the business environment? Explain the importance of the business environment.


The sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance is known as ______.


Read the following text and answer the following question on the basis of the same:

The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine-free Coca-Cola, Diet Coke Caffeine-free, Coca-Cola Zero Sugar, Coca-Cola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design, and creative advertising.

Identify the feature of Business Environment which The Coca-Cola Company managed to get in their favour.


Which of the following is not a part of the business environment of business?


Which of the following statements is incorrect?


Which of the following is the feature of Business Environment?


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


"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.


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