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प्रश्न
Study the following case/situation and express your opinion.
Make in India is an initiative launched by the government of India. It focuses on job creation and skill development and it is in twenty-five sectors of the economy. Under the initiative, brochures on these sectors and web portal were released. The initiative aims at high quality standards and minimizing the impact on the environment. It also seeks to attract foreign capital investment in India.
- Identify dimensions of the business environment.
- Comment on it.
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उत्तर
- The various dimensions of the business environment referred to in the above case are:
(a) Political environment
(b) Technological environment
(c) Economic environment - Make in India is the policy of the government as per its ideology. As it is focusing on job creation and skill development in 25 sectors of economy, it conveys two values through this initiative. High-quality standards and concern for environment. It also aims to attract foreign capital investment in India.
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संबंधित प्रश्न
Why is the understanding of business-environment important for managers? Explain with the help of any four points
Name any two Specific forces of business environment affecting business.
Answer the question.
Explain any four features of the Business Environment.
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
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 |
Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.
State whether the following statement is True or False.
External factors of business environment are controllable factors.
State whether the following statement is True or False.
Business is the product of different environmental factors.
Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.
Correct the underlined word and rewrite the following sentence.
External factors of business environment are controllable.
Explain the following term/concept.
Business environment.
Explain the following term/concept.
Globalisation
Explain the following term/concept.
Political environment.
Study the following case/situation and express your opinion.
The government of India is seriously thinking to allow oil marketing under the public sector, by fixing their own price for petroleum products.
- Name the economic reform related to this decision.
- Name the other two reforms recommended in the new economic policy.
"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 characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?
What is identified as a major benefit of understanding the business environment?
