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प्रश्न
What is included in the 'Legal environment' of business? State.
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उत्तर
The legal environment includes the framework of legislation and rules impacting the business. It is framed by the Parliament and passed by the government such as the Companies Act, 1956, Industries Dispute Act, 1947, and Trade Union Act, 1926.
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संबंधित प्रश्न
What is included in the 'political environment' of business? State.
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.
Explain any three features of the business environment.
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
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.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
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.
Attempt the following:
Economic Environment.
Answer the following.
What is the business environment? Explain the importance of the business environment.
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 ______.
Which of the following statements is incorrect?
Which of the following is the feature of Business 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:
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.
The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?
What is identified as a major benefit of understanding the business environment?
