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

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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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संबंधित प्रश्‍न

State any three points of importance of business environment.


What is meant by business environment?


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


Explain any three features of the business environment.


What is meant by indirect channels of distribution? 


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


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


State whether the following statement is True or False.
External factors of business environment are controllable factors. 


Answer in one sentence:
Which factors are included in internal 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.

Attempt the following:

Economic Environment.


Which factor is not included in Internal Environment?


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


Any kind of external devices, like compact discs (CD’s) for computers, have become obsolete. Google, with its Google Drive service, Apple with its icloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.


According to the United Nations Environmental Agency, the world produces around 300 million tons of plastic each year, half of which constitutes single-use items. Ford is recycling over one billion plastic bottles every year to develop elements of the car’s interior, reducing the amount of plastic ending up in a landfill. The American car maker has revealed that their Romanian-built EcoSport SUVs’ carpets are made using 470 recycled single use plastic bottles The process for making Ford EcoSport carpets involves shredding bottles and their caps into tiny flakes and then heating them to 260°C. Identify the related dimension of 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.

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


Which of the following statement is incorrect:


The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?


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