मराठी

Explain the following term/concept. Economic environment.

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प्रश्न

Explain the following term/concept.

Economic environment.

टीपा लिहा
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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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पाठ 7: Business Enviroment - Exercise Q.2 [पृष्ठ १५१]

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संबंधित प्रश्‍न

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 included in the 'Legal environment' of business? State.


Explain any three features 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.
Uncontrollable factors of the business environment.


Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.


Compete the sentence.
The term of business environment generally refers to __________


Explain the following term/concept.

Globalisation


Explain the following term/concept.

Political environment.


Attempt the following:

Political Environment.


Attempt the following:

Impact of new economic policy on business and industry.


Read the following text and answer the following question 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.


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 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:


'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:


Which of the following is an example of an external factor in the business environment?


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