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प्रश्न
Study the following case/situation and express your opinion.
The government of India is seriously thinking to allow oil marketing under the public sector, by fixing their own price for petroleum products.
- Name the economic reform related to this decision.
- Name the other two reforms recommended in the new economic policy.
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उत्तर
- Privatization is the economic reform related to this decision.
- The other two reforms recommended in the new Economic policy are Liberalization and Globalization.
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संबंधित प्रश्न
What is included in ‘Technological Environment’ of business? State.
Answer the question.
Explain any four features of the Business Environment.
Explain any three features of the business environment.
State whether the following statement is True or False.
External factors of business environment are controllable factors.
Select the correct Option
Which factors of Business Environment regards as controllable?
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Answer in one sentence:
Which factors are included in internal environment?
Explain the following term/concept.
Globalisation
Explain the following term/concept.
Economic environment.
Which of the following is not a part of the business environment of business?
Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is-
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.
Read the following text and answer the following questions 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.
"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
Which of the following is the feature of Business Environment?
Assertion (A): Changes in fashions and tastes of consumers may shift demand in the market from existing products to new ones.
Reason (R): Business environment is dynamic, i.e., it keeps on changing in consumer preferences.
