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प्रश्न
Explain the following term/concept.
Business environment.
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उत्तर
(I) Business environment refers to the external environment which includes factor outside the business leading to opportunities or threats of the business.
According to Bayard O. Wheeler
(II) “The total of all things external to firm and industries which affect their organization and operations is called as “Business Environment”.
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संबंधित प्रश्न
State any three points of importance of business environment.
What is included in the 'political environment' of business? State.
Why is the understanding of business-environment important for managers? Explain with the help of any four points
Explain any three features of the business environment.
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in __________.
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.
Select the correct Option
Which factors of Business Environment regards as controllable?
Correct the underlined word and rewrite the following sentence.
External factors of business environment are controllable.
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Answer in one sentence:
Which factors are included in internal environment?
Explain the following term/concept.
Globalisation
Explain the following term/concept.
Social environment.
Read the following text and answer the following question on the basis of the same:
The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine-free Coca-Cola, Diet Coke Caffeine-free, Coca-Cola Zero Sugar, Coca-Cola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design, and creative advertising.
Identify the feature of Business Environment which The Coca-Cola Company managed to get in their favour.
Any kind of external devices, like compact discs (CD’s) for computers, have become obsolete. Google, with its Google Drive service, Apple with its icloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.
"The increase in the demand for many ayurvedic medicines, health products and services in the past few months, is related to the need for building immunity and an increased awareness for health care due to the spread of Corona Virus." Identify the feature of business environment being described above.
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'?
