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What is Included in ‘Technological Environment’ of Business? State.

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प्रश्न

What is included in ‘Technological Environment’ of business? State.

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उत्तर

The technological environment includes technological changes and improvements such as new communication facilities. It may also get reflected in factors such as expenditure on R&D and rate of obsolescence.

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2013-2014 (March) Foreign Set 2

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संबंधित प्रश्‍न

What is meant by business environment?


Explain any three features of the business environment.


Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.


Give one word/phrase/term.
The environmental of business that includes customs and traditions, values, social trends.


Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.


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. 


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Political environment.


Which of the following does not characterise the business environment?


Which factor is not included in Internal Environment?


Read the following text and answer the following question 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.

Identify the feature of Business Environment which The Coca-Cola Company managed to get in their favour.


Which of the following does not characterise the business environment?


Which of the following is not a part of the business environment of business?


Which of the following statements is incorrect?


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


"The increase in the demand for many ayurvedic medicines, health products and services in the past few months, is related to the need for building immunity and an increased awareness for health care due to the spread of Corona Virus." Identify the feature of business environment being described above.


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.

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