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प्रश्न
Explain the following term/concept.
Globalisation
Explain the meaning of globalisation.
What is globalisation?
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उत्तर
- The process of integrating a nation’s economy with the global economy through the free flow of capital, information, technology, goods, and services across national boundaries is known as globalisation. It fosters worldwide trade, investment, and communication by establishing a “global village” where social, cultural, and economic connections are more intertwined and interdependent.
- The world has become increasingly interconnected and interdependent due to globalisation, which has been fuelled by developments in communication, transportation, technology, and the removal of trade barriers.
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संबंधित प्रश्न
What is meant by 'business environment'?
What is included in the 'political environment' of business? State.
Explain any three features Business Environment
What is meant by business environment?
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Explain the following term/concept.
Political environment.
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.
Attempt the following:
Economic Environment.
What creates fear in the minds of investors to invest in long term projects?
Business environment is a group of powers.
The sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance is known as ______.
"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
Which of the following statements is incorrect?
Which of the following is the feature of Business Environment?
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 ______.
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'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 among the following best defines 'Business Environment'?
Which of the following is an example of an external factor in the business environment?
