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प्रश्न
What is meant by 'business environment'?
Explain the concept of 'Business Environment'
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उत्तर १
A business environment refers to the aggregate of external conditions, events and resources which are outside the control of a business but interacts with it and affects its performance. For example, change in taste and preferences of consumers, change in government policies, change in political scenario, change in legal polices, all make up the business environment.
उत्तर २
A business environment refers to the aggregate of external conditions, events and resources which are outside the control of a business but interacts with it and affects its performance. For example, the business environment includes changes in preferences of consumers, government policies, political scenarios and legal polices.
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संबंधित प्रश्न
Answer the question.
Explain any four features of the Business Environment.
Explain any three features of the business environment.
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
Select the correct option and rewrite the sentence.
Privatization implies reduction in the role of ___________ sector.
Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.
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.
Social environment.
Study the following case/situation and express your opinion.
Just after the declaration of the Lok Sabha 2014 result, the Bombay Stock Exchange Sensex rose by 1000 points in a day.
- Identify the environmental factor which led to this rise giving a reason.
- Explain any two other dimensions of the 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 statement is incorrect:
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. |
Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?
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?
