Advertisements
Advertisements
प्रश्न
Attempt the following:
Political Environment.
Advertisements
उत्तर
Political dimensions or environment includes the country’s political system or its ideologies or condition i.e. dictatorship or democracy or communist government or socialistic government.
It indicates the general stability and peace in the country and att1tude 0f the elected government representatives towards business.
Political stability builds up confidence among business people to invest in long term projects for the growth of the economy.
In India we have adopted a mixed economy and growth rate often remains moderate. Indian political system comprises three vital institutions like Legislature, Government, and Judiciary.
(1) Legislature: the legislature is a very powerful force that decides the nature of the business, programs, project for the development of the country through policy-making, lawmaking, budget approving, etc.
(2) Government: The framework of policies are implemented by the government which affects the business organization to undertake the responsibilities of the society.
(3) Judiciary: It determines the work of executives to carry out the policies in a systematic manner, in order to settle the relationship between citizens and the government.
APPEARS IN
संबंधित प्रश्न
What is meant by 'business environment'?
State any three points of importance of business environment.
Why is the understanding of business-environment important for managers? Explain with the help of any four points
What is meant by business environment?
What is meant by indirect channels of distribution?
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
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 is the product of different environmental factors.
Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Explain the following term/concept.
Political environment.
Attempt the following:
Social Environment.
Which of the following does not characterise the business environment?
Business environment is a group of powers.
Read the following text and answer the following questions on the basis of the same:
The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, Coca-Cola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.
Identify the feature of Business Environment which the Coca-Cola Company managed to get in their favour.
"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 components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
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.
What does adapting to changes in the business environment mainly help a business achieve?
