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प्रश्न
What is meant by 'business environment'?
Explain the concept of 'Business Environment'
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उत्तर १
A business environment refers to the aggregate of external conditions, events and resources which are outside the control of a business but interacts with it and affects its performance. For example, change in taste and preferences of consumers, change in government policies, change in political scenario, change in legal polices, all make up the business environment.
उत्तर २
A business environment refers to the aggregate of external conditions, events and resources which are outside the control of a business but interacts with it and affects its performance. For example, the business environment includes changes in preferences of consumers, government policies, political scenarios and legal polices.
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संबंधित प्रश्न
State any three points of importance of 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 |
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.
Business is the product of different environmental factors.
State whether the following statement is True or False.
Business and environment are inseparable parts.
Compete the sentence.
The term of business environment generally refers to __________
Select the correct Option
In how many type environmental factors can be classified?
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Explain the following term/concept.
Political environment.
Justify the following statement:
Political stability builds up confidence among business people.
Attempt the following:
Social Environment.
Answer the following.
What is the business environment? Explain the importance of the business environment.
What creates fear in the minds of investors to invest in long term projects?
Which of the following does not characterise the business 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 of the following statements is incorrect?
"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.
The term 'Business Environment' means the sum total of:
