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Question
Compete the sentence.
The term of business environment generally refers to __________
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Solution
The term of business environment generally refers to external environment.
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RELATED QUESTIONS
Beni, after completing her MBA, took up a job with a multinational company named 'Fortio'. The company was paying good salary and perks to its employees. The wages were within the paying capacity of the company the provided the employees a reasonable standard of living. The company also had a good work-culture and the behaviour of superiors was very good towards their subordinates. Beni was very happy in this organisation, but due to long working hours, she did not have time to cook her meal. She had to depend upon outside food, which was deteriorating her health. She observed that this problem was faced by many of her colleagues, not only in her company but also in many other companies. This was because of increase in the number of working women and non-availability of hygienic home-cooked food. She identified this as a great opportunity and decided to give up her job to supply packaged home-cooked food to office goers at a reasonable price. At the end of the day, she was also distributing the left-over food in the nearby night-shelters
a. State the dimension of the business environment being discussed above.
b. State the principle of management being followed by 'Fortio'.
c. Identify any two values being communicated by the company to the society in the
above case.
What is included in the 'Legal environment' of business? State.
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
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 |
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.
Stability and peace in the country includes in _______ Environment.
Which of the following does not characterise the business environment?
Which factor is not included in Internal Environment?
Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is-
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.
"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:
Which of the following statements is incorrect?
Which of the following is the feature of Business Environment?
The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?
Which among the following best defines 'Business Environment'?
What is identified as a major benefit of understanding the business environment?
The environment keeps changing constantly. This feature is called:
Difficulty in predicting changes in the environment is known as:
Which of the following is an example of an environmental factor?
