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Explain the following term/concept. Globalisation. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.

Globalisation.

टिप्पणी लिखिए

उत्तर

  1. Globalisation means integration of the national economy and societies through cross country flows of information, ideas, technologies, good services, capital, finance, and people.
  2. It also means “boundary less world”.
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अध्याय 7: Business Enviroment - Exercise Q.2 [पृष्ठ १५१]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.2 | Q 4 | पृष्ठ १५१

संबंधित प्रश्न

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


Answer the question.
Explain any four features of the Business Environment.


Select the correct option and rewrite the sentence.
Business environment has tremendous impact on __________.


Select the correct option and rewrite the sentence.
Privatization implies reduction in the role of ___________ sector.


Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.


State whether the following statement is True or False.
Business is the product of different environmental factors. 


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


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


Select the correct Option 
Which factors of Business Environment regards as controllable?


Explain the following term/concept.

Economic environment.


Justify the following statement:

Political stability builds up confidence among business people.


Attempt the following:

Political Environment.


Business environment is a group of powers.


Which factor is not included in Internal 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.


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-


Read the following text and answer the following questions 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.


"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 increase in the demand for many ayurvedic medicines, health products and services in the past few months, is related to the need for building immunity and an increased awareness for health care due to the spread of Corona Virus." Identify the feature of business environment being described above.


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