Advertisements
Advertisements
प्रश्न
Attempt the following:
Economic Environment.
Advertisements
उत्तर
The economic environment comprises economic condition economic policies and economic systems which are the important factors influencing development and trade cycles, national income, etc.
(1) Economic Condition: If refers to the present state of the economy of a country or region based on the gross domestic product, per capita income, availability of capital, etc.
(2) Economic Policies: The government frames economic policies from time to time influencing business activities. In order to control the business in the interest of the politics. e.g.- Intestinal policy, monetary policy foreign investment policy, etc.
(3) Economic System: It refers to the scope of private business and extent of government regulation on economic activities determines the nature of the economic system i.e. capitalist social or mixed economic
APPEARS IN
संबंधित प्रश्न
What is included in the 'political environment' of business? State.
Select the correct option and rewrite the sentence.
Privatization implies reduction in the role of ___________ sector.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) Internal environment | 1) Knowledge of law |
| B) Political environment | 2) Taxation policy |
| C) Legal environment | 3) Technology |
| D) Economic environment | 4) Traditions |
| 5) WTO | |
| 6) Controlled by business | |
| 7) High cost | |
| 8) Ideology of political party |
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.
External factors of business environment are controllable factors.
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Select the correct Option
Which factors of Business Environment regards as controllable?
Answer in one sentence:
Which factors are included in internal environment?
Explain the following term/concept.
Business 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.
Which factor is not included in Internal Environment?
Which of the following does not characterise the business environment?
Which of the following is not a part of the business environment of business?
Which of the following are the characteristics of business environment?
Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | ||
| (a) | Complexity | (i) | Very difficult to predict future happenings |
| (b) | Specific forces | (ii) | Easier to understand in parts but difficult to grasp in its totality |
| (c) | Uncertainty | (iii) | Affect individual enterprises directly and immediately |
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.
The term 'Business Environment' means the sum total of:
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 of the following is an example of an external factor in the business environment?
