English

Compete the sentence.______________ helps the business enterprise for overcoming challenge successfully.

Advertisements
Advertisements

Question

Compete the sentence.
______________ helps the business enterprise for overcoming challenge successfully.

Fill in the Blanks
One Line Answer
Advertisements

Solution

Business environment helps the business enterprise for overcoming challenge successfully.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Business Enviroment - Exercise Q.1 [Page 150]

APPEARS IN

RELATED QUESTIONS

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


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 __________


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


Explain the following term/concept.

Social environment.


Explain the following term/concept.

Economic environment.


Explain the following term/concept.

Political 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.

Attempt the following:

Economic Environment.


Attempt the following:

Political Environment.


Answer the following.

What is the business environment? Explain the importance of the business 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.


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.


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.


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


"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:


"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.


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.


Which among the following best defines 'Business Environment'?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×