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Give one word/phrase/term.A boundary less worlds where there would be flow of goods, services, information, capital and people across nation. - Organisation of Commerce and Management

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प्रश्न

Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Globalization.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Business Enviroment - Exercise Q.1 [पृष्ठ १५०]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.1 | Q 3.4 | पृष्ठ १५०

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.


What is included in the 'political environment' of business? State.


Explain any three features Business Environment


What is included in ‘Technological Environment’ of business? State.


What is meant by business environment?


Name any two Specific forces of business environment affecting business.


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


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.
External factors of business environment are controllable factors. 


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.


Explain the following term/concept.

Economic environment.


Study the following case/situation and express your opinion.

Just after the declaration of the Lok Sabha 2014 result, the Bombay Stock Exchange Sensex rose by 1000 points in a day.

  1. Identify the environmental factor which led to this rise giving a reason.
  2. Explain any two other dimensions of the environment.

Attempt the following:

Social Environment.


Business environment is a group of powers.


Which factor is not included in Internal Environment?


The sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance is known as ______.


Twinkle Stars' is a well-known resort for organizing parties, especially for children. However, in past 6 months its popularity has reduced considerably as a new resort with better ambience and facilities has opened within its vicinity. Name the related feature of business environment which has influenced the business of ‘Twinkle Stars’ adversely.


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 option lists both internal and external factors from the diagram provided?


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