Advertisements
Advertisements
प्रश्न
Justify the following statement:
External factors of business environment are beyond control.
Advertisements
उत्तर
- Factors that influence the business policy of an organization can be divided into internal and external factors.
- The business has no control over external forces.
- These are those factors that provide opportunities or pose threats to the organization.
- Factor such as social customs, values, economic policies, technological development, political ups and downs, legislation together constitute political, social, economic, legal, and technological diversions of business. Hence, they are not in the hands of business organizations.
- Internal factors are controllable and the business unit can modify their plans, policies, etc.
(Students can give an example of social, political, legal environment to justify further)
APPEARS IN
संबंधित प्रश्न
Explain the following term/concept.
Internal environment.
Study the following case/situation and express your opinion.
- The court passes an order to ban polythene bags as the bags are creating many environmental problems which affect the life of people in general.
- Society in general is more concerned about the quality of life. The government decided to give a subsidy to the jute industry to promote this business.
- Why does the court ban Polythene bags?
- Identify the different dimensions of the business environment.
- How does the Government try to promote jute industry?
Which of the following is an example of social environment?
Which of the following is not a component of specific forces of business environment?
In order to boost and double India's export of goods and services to over USD 1,000 billion by 2025, it is important to lower effective corporate tax rate to bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.
Even though the political conditions vary from country to country, they impact the sentiment of an investor in the business, if the instability of the political conditions cause uncertainty and make it difficult for him to predict the future. Which feature of the business environment is being highlighted in the above statement?
"Even after opening up of the Indian economy in 1991 foreign companies found it extremely difficult to cut through the bureaucratic red tape to get permits for doing business in India, which created a negative impact on business."
Identify the dimension of the business environment which led to creation of the negative impact on business.
Which of the following is not an element of social environment?
State the five dimensions that must be managed on a project
Which of the following dimensions of Business Environment includes legislations passed by the government administrative orders issued by government authorities?
'The current government initiated Make in India Programme which is good for the manufacturing sector.'
Out of the following, identify the component of Business Environment quoted in the above lines.
Which of the following statements is true with respect to political environment?
"Even after opening up of the Indian economy in 1991 foreign companies found it extremely difficult to cut through the bureaucratic red tape to get permits for doing business in India, which created a negative impact on business."
Identify the dimension of the business environment which led to creation of the negative impact on business.
'Service sector contributes to almost half of India's GDP but employs only one-third of its workforce.
Which of the following dimensions of Business Environment is stated in the above line:
Which dimension of Business Environment is described by the following statement:
'Ban on cigarette advertisements.'
Which category in the provided diagram includes factors like political, social, technological, and legal?
Regular changes in which of the following can influence all businesses?
