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What is Included in ‘Technological Environment’ of Business? State. - Business Studies

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प्रश्न

What is included in ‘Technological Environment’ of business? State.

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उत्तर

The technological environment includes technological changes and improvements such as new communication facilities. It may also get reflected in factors such as expenditure on R&D and rate of obsolescence.

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2013-2014 (March) Foreign Set 2

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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.


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.


Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.


Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.


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


Compete the sentence.
The term of business environment generally refers to __________


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Economic environment.


What creates fear in the minds of investors to invest in long term projects?


Business environment is a group of powers.


Which of the following is not a part of the business environment of business?


Which of the following is 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.


The term 'Business Environment' means the sum total of :


"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 is an example of an external factor in the business environment?


What does adapting to changes in the business environment mainly help a business achieve?


Which option lists both internal and external factors from the diagram provided?


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