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प्रश्न
Explain the following term/concept.
Economic environment.
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उत्तर
The economic environment comprises economic conditions, economic policies, and economic systems, basic economic philosophy, infrastructure, national income, money supply, saving stages in economic development and trade cycles.
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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 the 'Legal environment' of business? State.
Answer the question.
Explain any four features of the Business Environment.
Explain any three features of the business environment.
Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.
Explain the following term/concept.
Globalisation
Explain the following term/concept.
Social environment.
Study the following case/situation and express your opinion.
Anchor company manufacturing light tubes increased expenditure on Scientific Research and Development and discovered a technology that made it possible to produce an energy-efficient light tube that lasts at least twenty times as long as a standard tube. It resulted in the growth and profitability of the company.
- Identify the dimension of the business environment.
- State importance of the business environment.
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.
- Identify dimensions of the business environment.
- Comment on it.
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.
- Name the economic reform related to this decision.
- Name the other two reforms recommended in the new economic policy.
Justify the following statement:
Political stability builds up confidence among business people.
Attempt the following:
Social Environment.
Attempt the following:
Impact of new economic policy on business and industry.
Answer the following.
What is the business environment? Explain the importance of the business environment.
"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
"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:
Which of the following statement is incorrect:
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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:
What is identified as a major benefit of understanding the business environment?
