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Explain the following term/concept. Social environment.. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.

Social environment.

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उत्तर

  1. Modern business is a social system in itself and forms a part of the larger social system represented by society in general.
  2. The class structure of a society affects the business. Such as occupation of the people, their education, income level, social status, attitude towards living, work, and social relationship.
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अध्याय 7: Business Enviroment - Exercise Q.2 [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.2 | Q 5 | पृष्ठ १५१

संबंधित प्रश्न

What is meant by 'business environment'?


What is meant by business environment?


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

State whether the following statement is True or False.
Business and environment are inseparable parts.


Compete the sentence.
The term of business environment generally refers to __________


Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.


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


Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Globalisation


Explain the following term/concept.

Economic environment.


Justify the following statement:

Political stability builds up confidence among business people.


Attempt the following:

Political Environment.


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

Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.

  Column I Column II
(i) Complexity Very difficult to predict future happenings.
(ii) Specific forces Easier to understand in parts but difficult to grasp in its totality.
(iii) Uncertainty Affect individual enterprises directly and immediately.

Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?


Which among the following best defines 'Business Environment'?


What is identified as a major benefit of understanding the business environment?


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