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Select the correct Option In how many type environmental factors can be classified?

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प्रश्न

Select the correct Option 
In how many type environmental factors can be classified?

विकल्प

  • Two

  • Three

  • Four

MCQ
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उत्तर

Two

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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 [English] Standard 11 Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.1 | Q 6.1 | पृष्ठ १५०

संबंधित प्रश्न

State any three points of importance of business environment.


Why is the understanding of business-environment important for managers? Explain with the help of any four points


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


Name any two Specific forces of business environment affecting business.


Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.


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

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

Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.


Literacy is the important part of ______ Environment.


Study the following case/situation and express your opinion.

Anchor company manufacturing light tubes increased expenditure on Scientific Research and Development and discovered a technology that made it possible to produce an energy-efficient light tube that lasts at least twenty times as long as a standard tube. It resulted in the growth and profitability of the company.

  1. Identify the dimension of the business environment.
  2. State importance of the business environment.

Justify the following statement:

Political stability builds up confidence among business people.


Which factor is not included in Internal 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.


According to the United Nations Environmental Agency, the world produces around 300 million tons of plastic each year, half of which constitutes single-use items. Ford is recycling over one billion plastic bottles every year to develop elements of the car’s interior, reducing the amount of plastic ending up in a landfill. The American car maker has revealed that their Romanian-built EcoSport SUVs’ carpets are made using 470 recycled single use plastic bottles The process for making Ford EcoSport carpets involves shredding bottles and their caps into tiny flakes and then heating them to 260°C. Identify the related dimension of business environment.


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:


"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.


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?


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