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प्रश्न
What is included in the 'Legal environment' of business? State.
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उत्तर
The legal environment includes the framework of legislation and rules impacting the business. It is framed by the Parliament and passed by the government such as the Companies Act, 1956, Industries Dispute Act, 1947, and Trade Union Act, 1926.
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संबंधित प्रश्न
State any three points of importance of business environment.
Explain any three features Business Environment
Answer the question.
Explain any four features of the Business Environment.
Give one word/phrase/term.
The environmental of business that includes customs and traditions, values, social trends.
State whether the following statement is True or False.
Business and environment are inseparable parts.
Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Explain the following term/concept.
Political 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.
- Identify the dimension of the business environment.
- State importance of the business environment.
Answer the following.
What is the business environment? Explain the importance of the business environment.
Business environment is a group of powers.
Which of the following is the feature of Business Environment?
The term 'Business Environment' means the sum total of :
"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:
Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | |
| (i) | Complexity | Very difficult to predict future happenings. |
| (ii) | Specific forces | Easier to understand in parts but difficult to grasp in its totality. |
| (iii) | Uncertainty | Affect individual enterprises directly and immediately. |
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.
Which among the following best defines 'Business Environment'?
Which option lists both internal and external factors from the diagram provided?
