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

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प्रश्न

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

एक शब्द/वाक्यांश उत्तर
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उत्तर

Privatisation.

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पाठ 7: Business Enviroment - Exercise Q.1 [पृष्ठ १५०]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
पाठ 7 Business Enviroment
Exercise Q.1 | Q 3.3 | पृष्ठ १५०

संबंधित प्रश्‍न

State any three points of importance of business environment


Explain any three features of the business environment.


What is meant by indirect channels of distribution? 


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


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

State whether the following statement is True or False.
Business and environment are inseparable parts.


Explain the following term/concept.
Business environment.


Attempt the following:

Economic Environment.


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 ______.


Any kind of external devices, like compact discs (CD’s) for computers, have become obsolete. Google, with its Google Drive service, Apple with its icloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.


The term 'Business Environment' means the sum total of :


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.

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.


'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:


The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?


Which option lists both internal and external factors from the diagram provided?


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