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प्रश्न
Study the following case/situation and express your opinion.
Just after the declaration of the Lok Sabha 2014 result, the Bombay Stock Exchange Sensex rose by 1000 points in a day.
- Identify the environmental factor which led to this rise giving a reason.
- Explain any two other dimensions of the environment.
उत्तर
- The rise in the stock market index (Sensex) is the economic environment. But it has done due to the political environment (Lok Sabha Election Results)
- Two other dimensions of the environment are:
- Legal environment: Businesses must follow labour, environmental, and trade laws in this dimension. Laws affect corporate operations and maintain fairness.
- Technological environment: Technological advances and innovations alter how firms produce, deliver, and compete. Technology updates help organisations react to market changes and increase productivity.
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संबंधित प्रश्न
What is meant by 'business environment'?
Explain any three features Business Environment
Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.
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 is the product of different environmental factors.
Compete the sentence.
Geographical and Ecological factors are included in ____________ Environment.
Compete the sentence.
Stability and peace in the country includes in _______ Environment.
Select the correct Option
Which factors of Business Environment regards as controllable?
Explain the following term/concept.
Social 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.
Attempt the following:
Impact of new economic policy on business and industry.
Which of the following does not characterise the business environment?
Which factor is not included in Internal Environment?
Which of the following does not characterise the business environment?
Which of the following is the feature of Business Environment?
The term 'Business Environment' means the sum total of:
Which of the following statement is incorrect:
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. |