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प्रश्न
Explain the following term/concept.
Political environment.
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उत्तर
- Government and its policies affect business firms.
- It includes stability and peace in the country, specifically attitudes of elected representatives. The ideology of the political parties influences the business organization and attitudes of government officials towards business has an impact on business.
- It comprises .three vital institutions like Legislature, Government, and Judiciary.
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संबंधित प्रश्न
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.
Uncontrollable factors of the business environment.
Give one word/phrase/term.
The environmental of business that includes customs and traditions, values, social trends.
Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Select the correct Option
Which factors of Business Environment regards as controllable?
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
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?
"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 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 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 ______.
Which of the following statement is incorrect:
Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | |
| (i) | Complexity | Very difficult to predict future happenings. |
| (ii) | Specific forces | Easier to understand in parts but difficult to grasp in its totality. |
| (iii) | Uncertainty | Affect individual enterprises directly and immediately. |
Which among the following best defines 'Business Environment'?
Which of the following is an example of an external factor in the business environment?
What does adapting to changes in the business environment mainly help a business achieve?
