English

Compete the sentence.Literacy is the important part of __________ Environment.

Advertisements
Advertisements

Question

Literacy is the important part of ______ Environment.

Fill in the Blanks
Advertisements

Solution

Literacy is the important part of social Environment.

Explanation:

Social environment includes factors such as traditions, customs, values, education, lifestyle, and literacy level. Literacy reflects the educational status of people in society and influences their attitudes, consumption patterns, and awareness, which are all social aspects.

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 'political environment' of business? State.


What is meant by indirect channels of distribution? 


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


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


Select the correct Option 
In how many type environmental factors can be classified?


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Economic environment.


Answer the following.

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


Which of the following does not characterise the business environment?


Business environment is a group of powers.


Which of the following statements is incorrect?


Which of the following is 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.


'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of 'Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'.

To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children.

The above information highlights one of the features of 'Business Environment'. Identify the feature from the following:


What is identified as a major benefit of understanding the business environment?


Which factors are within the control of the business?


Which feature means that business environment includes forces affecting one firm specifically as well as forces affecting all firms?


For small shops accepting digital payments, attracting more customers and smooth transactions represent a(n):


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×