Advertisements
Advertisements
Question
Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.
Options
global
local
rural
Advertisements
Solution
Globalization is concerned with global market.
APPEARS IN
RELATED QUESTIONS
Why is the understanding of business-environment important for managers? Explain with the help of any four points
What is meant by indirect channels of distribution?
Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
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.
Study the following case/situation and express your opinion.
Anchor company manufacturing light tubes increased expenditure on Scientific Research and Development and discovered a technology that made it possible to produce an energy-efficient light tube that lasts at least twenty times as long as a standard tube. It resulted in the growth and profitability of the company.
- Identify the dimension of the business environment.
- State importance of the business 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.
- Identify dimensions of the business environment.
- Comment on it.
Justify the following statement:
Political stability builds up confidence among business people.
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.
"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 term 'Business Environment' means the sum total of:
"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.
Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | |
| (i) | Complexity | Very difficult to predict future happenings. |
| (ii) | Specific forces | Easier to understand in parts but difficult to grasp in its totality. |
| (iii) | Uncertainty | Affect individual enterprises directly and immediately. |
Which among the following best defines 'Business Environment'?
What does adapting to changes in the business environment mainly help a business achieve?
What is identified as a major benefit of understanding the business environment?
