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Select the correct Option Which factors of Business Environment regards as controllable? - Organisation of Commerce and Management

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प्रश्न

Select the correct Option 
Which factors of Business Environment regards as controllable?

विकल्प

  • Internal

  • External

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उत्तर

Internal

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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 6.2 | 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.


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


What is meant by business environment?


Name any two Specific forces of business environment affecting business.


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

Give one word/phrase/term.
Uncontrollable factors of the business environment.


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. 


State whether the following statement is True or False.
Business and environment are inseparable parts.


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


Explain the following term/concept.
Business environment.


Attempt the following:

Impact of new economic policy on business and industry.


"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.


"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:


'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of 'Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'.

To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children.

The above information highlights one of the features of 'Business Environment'. Identify the feature from the following:


The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?


Which of the following is an example of an external factor in the business environment?


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