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प्रश्न
Explain the following term/concept.
Social environment.
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उत्तर
- Modern business is a social system in itself and forms a part of the larger social system represented by society in general.
- 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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संबंधित प्रश्न
What is meant by 'business environment'?
Explain any three features Business Environment
Name any two Specific forces of business environment affecting business.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) Internal environment | 1) Knowledge of law |
| B) Political environment | 2) Taxation policy |
| C) Legal environment | 3) Technology |
| D) Economic environment | 4) Traditions |
| 5) WTO | |
| 6) Controlled by business | |
| 7) High cost | |
| 8) Ideology of political party |
Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
State whether the following statement is True or False.
Business is the product of different environmental factors.
Compete the sentence.
Geographical and Ecological factors are included in ____________ Environment.
Correct the underlined word and rewrite the following sentence.
External factors of business environment are controllable.
Explain the following term/concept.
Business environment.
Explain the following term/concept.
Globalisation
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.
Attempt the following:
Social Environment.
Answer the following.
What is the business environment? Explain the importance of the business environment.
Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is-
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:
Which of the following statement is incorrect:
The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?
Which among the following best defines 'Business Environment'?
What is identified as a major benefit of understanding the business environment?
