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

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प्रश्न

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

एक पंक्ति में उत्तर

उत्तर

 Social environment.

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अध्याय 7: Business Enviroment - Exercise Q.1 [पृष्ठ १५०]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.1 | Q 3.2 | पृष्ठ १५०

संबंधित प्रश्न

State any three points of importance of business environment


Explain any three features of the business environment.


Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in  __________.


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


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


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.

Globalisation.


Explain the following term/concept.

Economic 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.

  1. Identify the dimension of the business environment.
  2. 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.

  1. Identify dimensions of the business environment.
  2. Comment on it.

Justify the following statement:

Political stability builds up confidence among business people.


Business environment is a group of powers.


According to the United Nations Environmental Agency, the world produces around 300 million tons of plastic each year, half of which constitutes single-use items. Ford is recycling over one billion plastic bottles every year to develop elements of the car's interior, reducing the amount of plastic ending up in a landfill. The American car maker has revealed that their Romanian-built EcoSport SUVs' carpets are made using 470 recycled singleuse plastic bottles The process for making Ford EcoSport carpets involves shredding bottles and their caps into tiny flakes and then heating them to 260° C. Identify the related dimension of business environment.


Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.

  Column I   Column II
(a) Complexity (i) Very difficult to predict future happenings
(b) Specific forces (ii) Easier to understand in parts but difficult to grasp in its totality
(c) Uncertainty (iii) Affect individual enterprises directly and immediately

"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?


"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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