मराठी

Justify the following statement: An adequate knowledge of rules and regulations is essential for better business performance.

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प्रश्न

Justify the following statement:

Adequate knowledge of rules and regulations is essential for better business performance.

टीपा लिहा
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उत्तर

  1. Any business in a country can be started, regulated, and controlled within the legal framework of a country.
  2. A separate set of laws are framed by all countries to control and direct the business affairs.
  3. Knowledge of law, rules, and relegations helps the business managers to take a prompt decision in making business policies.
  4. Various laws are implemented for influencing the business, protect and safeguard the business, as well as the consumers.
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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Business Enviroment - Exercise Q.6 [पृष्ठ १५२]

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बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
पाठ 7 Business Enviroment
Exercise Q.6 | Q 6 | पृष्ठ १५२

संबंधित प्रश्‍न

How does understanding of business environment help in  improving performance of a business?


Select the correct option and rewrite the sentence.
Literacy level is an aspect of __________ environment.


Correct the underlined word and rewrite the following sentence.
Natural resources are related to political environment.


Justify the following statement:

Social trends provide business opportunities.


Which of the following best indicates the importance of business environment?


Which of the following best indicates the importance of the business environment?


Read the following text and answer the following questions 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.

In the context of the above given case, identify one valid importance of Business Environment.


Assertion (A): The business environment helps in understanding the threats which are likely to happen in the future.

Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal


Airlines will be able to offer the benefit of lower pricing to customers on sectors/routes due to the decision of the civil aviation ministry to remove price caps from August 31, 2022. This can help an airline to do better performance if they take early decisions regarding future courses of action after understanding and doing analysis. Which importance of business environment and its understanding by managers is not highlighted above:


What are the five key points that highlight the significance of Environmental scanning in guiding organisations to adapt to rapidly changing business environment?


What is the main benefit for businesses that understand the factors in their environment?


Using a weather app to plan activities is similar to which business environment concept?


How does sensitivity to stakeholder expectations contribute to organizational success?


Which of the following correctly identifies the dual role of the business environment in resource management?


How does the business environment contribute to strategic expansion plans?


What is the foundational role of environmental analysis in organizational decision-making?


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