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प्रश्न
State two components of the legal environment of a business concern.
उत्तर
Two components of the Legal Environment of a business concern are :
(a) Laws and administrative orders of the government.
(b) The judicial system of the country.
(c) Flexibility and adaptability of laws.
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संबंधित प्रश्न
With change in the consumption habits of people. Neelesh, who was running, a sweets shop shifted to chocolate business. On the eve of Diwali he offered chocolates in attractive packages at reasonable prices. He anticipated huge demand and created a website chocolove.com for taking orders online. He got lot of orders online and earned huge profit by selling chocolates.
Identify and explain the dimensions of business environment discussed in the above case.
‘Accent Electronics Ltd.’ was operating its business in Malaysia. The company started exporting its products to India when the Prime Minister announced relaxation in import duties on electronic items. The company appointed retailers in India who had direct on-line links with the suppliers to replenish stocks when needed.
Identify and explain the dimensions of business environment discussed in the above case.
How would you characterize business environment? Explain with examples, the difference between general and specific environment.
Celebration of Diwali is the example of ________.
The trend of health and fitness has created a demand for products like gyms, bottled mineral water, and food supplements, etc., these are the example of ________.
Booking of Railway tickets through the internet from home or office is an example of ________.
Which factor is not included in Macro Environment?
With the introduction of Photostat Machines in the market, the carbon paper industry was adversely affected. Which component of environment was responsible for it?
“The nature of the relationship of our country with foreign countries”, is a major element of which of the following components of the Business Environment?
Identify the dimensions of the business environment illustrated by the picture given above in which Sapna who has joined the workforce recently is working on an accounting software.
