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प्रश्न
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.
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उत्तर
- Technological Environment: Scientific research for innovation in product increased its production and it resulted in the growth and profitability of the company. The internal environment of the company led to growth and profitability.
- The business environment helps in determining opportunities and threats, identify firms' strengths and weaknesses, continuous learning, image building, meeting competition and give direction for growth.
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संबंधित प्रश्न
What is included in the 'political environment' of business? State.
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.
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 |
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 __________
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Explain the following term/concept.
Business environment.
Explain the following term/concept.
Globalisation
What creates fear in the minds of investors to invest in long term projects?
Which of the following is not a part of the business environment of business?
"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:
"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 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:
"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
Which of the following statement is incorrect:
Which option lists both internal and external factors from the diagram provided?
What is identified as a major benefit of understanding the business environment?
