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Correct the underlined word and rewrite the following sentence. External factors of business environment are controllable. - Organisation of Commerce and Management

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प्रश्न

Correct the underlined word and rewrite the following sentence.

External factors of business environment are controllable.

वाक्य को सही करें और फिर से लिखें
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उत्तर

Internal factors of business environment are controllable.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Business Enviroment - Exercise Q.1 [पृष्ठ १५१]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.1 | Q 7.1 | पृष्ठ १५१

संबंधित प्रश्न

What is meant by 'business environment'?


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


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


Select the correct option and rewrite the sentence.
Privatization implies reduction in the role of ___________ sector.


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.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.


State whether the following statement is True or False.
External factors of business environment are controllable factors. 


Explain the following term/concept.

Economic environment.


Study the following case/situation and express your opinion.

The government of India is seriously thinking to allow oil marketing under the public sector, by fixing their own price for petroleum products.

  1. Name the economic reform related to this decision.
  2. Name the other two reforms recommended in the new economic policy.

Attempt the following:

Social Environment.


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


Which of the following statements is incorrect?


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


Assertion (A): Changes in fashions and tastes of consumers may shift demand in the market from existing products to new ones. 

Reason (R): Business environment is dynamic, i.e., it keeps on changing in consumer preferences.


Which among the following best defines 'Business Environment'?


What does adapting to changes in the business environment mainly help a business achieve?


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