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प्रश्न
Explain the following term/concept.
Economic environment.
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उत्तर
The economic environment comprises economic conditions, economic policies, and economic systems, basic economic philosophy, infrastructure, national income, money supply, saving stages in economic development and trade cycles.
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संबंधित प्रश्न
What is included in ‘Technological Environment’ of business? State.
Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in __________.
Compete the sentence.
The term of business environment generally refers to __________
Compete the sentence.
Geographical and Ecological factors are included in ____________ Environment.
Explain the following term/concept.
Political environment.
Study the following case/situation and express your opinion.
Make in India is an initiative launched by the government of India. It focuses on job creation and skill development and it is in twenty-five sectors of the economy. Under the initiative, brochures on these sectors and web portal were released. The initiative aims at high quality standards and minimizing the impact on the environment. It also seeks to attract foreign capital investment in India.
- Identify dimensions of the business environment.
- Comment on it.
Attempt the following:
Economic Environment.
Which of the following does not characterise the business environment?
Twinkle Stars' is a well-known resort for organizing parties, especially for children. However, in past 6 months its popularity has reduced considerably as a new resort with better ambience and facilities has opened within its vicinity. Name the related feature of business environment which has influenced the business of ‘Twinkle Stars’ adversely.
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 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:
|
'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of 'Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'. To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children. |
The above information highlights one of the features of 'Business Environment'. Identify the feature from the following:
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?
What is identified as a major benefit of understanding the business environment?
Different elements of the environment being connected to each other is called:
Which feature means that the impact of the environment differs from firm to firm and country to country?
Which of the following is an example of an environmental factor?
