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
Select the correct option and rewrite the sentence.
Changes in ruling government is an aspect of ___________ environment.
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 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.
Which of the following dimensions of Business Environment includes legislations passed by the government administrative orders issued by government authorities?
'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?
'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.
"Due to enforcement of Euro-N emission norms, an automobile company had to phase out one of its model." Identify the dimension of environment highlighted in the given statement.
Which of the following dimensions of Business Environment includes legislations passed by the Government administrative orders issued by government authorities:
"Increase in the use of mobile phones and i-pods instead of papers and radio" refers to an example of key component of general environment of business. Identify the component of business environment.
Which of the following statement is true with respect to political environment:
Which dimension of Business Environment is described by the following statement:
'Ban on cigarette advertisements.'
The business environment can be divided into two main types of factors, which are______.
Why is it important for companies to remain aware of changes in the business environment?
Which category in the provided diagram includes factors like political, social, technological, and legal?
