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What is Included in the 'Political Environment' of Business? State. - Business Studies

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प्रश्न

What is included in the 'political environment' of business? State.

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उत्तर

The political business environment includes all the factors relevant to government affairs such as a type of government in power, policy changes and law and order. It has an immediate impact on the functioning of business enterprises.

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2013-2014 (March) Delhi Set 1

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Answer the question.
Explain any four features of the Business Environment.


Explain any three features of the business environment.


Match the pairs.

Group ‘A’ Group ‘B’
A) Globalization 1) Profit motive
B) Privatization 2) 2006
C) Liberalization 3) Borderless economy
D) New economic policy 4) Service Motive
E) Social Environment 5) Internal factor
  6) Disinvestment
  7) Social Values
  8) 1991
  9) Abolishing license policy
  10) GATT

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.


Compete the sentence.
The term of business environment generally refers to __________


Select the correct Option 
Which factors of Business Environment regards as controllable?


Answer in one sentence:
Which factors are included in internal environment?


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Political environment.


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.

  1. Identify the environmental factor which led to this rise giving a reason.
  2. Explain any two other dimensions of the environment.

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.

  1. Identify dimensions of the business environment.
  2. Comment on it.

Justify the following statement:

Political stability builds up confidence among business people.


Attempt the following:

Economic Environment.


Attempt the following:

Political Environment.


Which factor is not included in Internal Environment?


Twinkle Stars' is a well-known resort for organizing parties, especially for children. However, in past 6 months its popularity has reduced considerably as a new resort with better ambience and facilities has opened within its vicinity. Name the related feature of business environment which has influenced the business of ‘Twinkle Stars’ adversely.


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


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