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प्रश्न
Explain any three features Business Environment
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उत्तर
Features of business environment:
1) Interrelated: Different forces acting in a business environment are closely related to each other. For example, an increase in the income of consumers increases the demand for consumer durables such as television and refrigerator.
2) Ever-changing: The Business environment is dynamic and ever-changing. For example, consumer tastes and preferences, technology, government rules and policies keep changing continuously.
3) Complex: The Business environment is the aggregate of different interrelated and dynamic forces. Thus, it becomes difficult and complex to understand. For example, all political, social, economic, technological and legal matters affect the performance of an organisation simultaneously. While it may be easy to understand the individual effects of these forces, their cumulative effect is quite difficult to understand.
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संबंधित प्रश्न
Answer the question.
Explain any four features of the Business Environment.
What is meant by indirect channels of distribution?
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.
State whether the following statement is True or False.
External factors of business environment are controllable factors.
Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Select the correct Option
Which factors of Business Environment regards as controllable?
Answer in one sentence:
Which factors are included in internal environment?
Explain the following term/concept.
Globalisation
Justify the following statement:
Political stability builds up confidence among business people.
Attempt the following:
Social Environment.
What creates fear in the minds of investors to invest in long term projects?
Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | ||
| (a) | Complexity | (i) | Very difficult to predict future happenings |
| (b) | Specific forces | (ii) | Easier to understand in parts but difficult to grasp in its totality |
| (c) | Uncertainty | (iii) | Affect individual enterprises directly and immediately |
"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 ______.
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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. 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?
