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प्रश्न
Explain the following term/concept.
Globalisation
Explain the meaning of globalisation.
What is globalisation?
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उत्तर
- The process of integrating a nation’s economy with the global economy through the free flow of capital, information, technology, goods, and services across national boundaries is known as globalisation. It fosters worldwide trade, investment, and communication by establishing a “global village” where social, cultural, and economic connections are more intertwined and interdependent.
- The world has become increasingly interconnected and interdependent due to globalisation, which has been fuelled by developments in communication, transportation, technology, and the removal of trade barriers.
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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.
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.
Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.
Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.
Compete the sentence.
Geographical and Ecological factors are included in ____________ Environment.
Select the correct Option
Which factors of Business Environment regards as controllable?
Explain the following term/concept.
Political 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.
Attempt the following:
Social Environment.
Attempt the following:
Economic Environment.
Attempt the following:
Political Environment.
Which of the following does not characterise the business environment?
Which of the following does not characterise the business environment?
Which of the following statements is incorrect?
The term 'Business Environment' means the sum total of :
The term 'Business Environment' means the sum total of:
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'?
