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प्रश्न
The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?
विकल्प
Non-controllable
General and Specific forces
Interrelatedness
Uncertainty
उत्तर
Uncertainty
Explanation:
The business climate is unpredictable due to rapid and frequent technological and fashion changes.
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संबंधित प्रश्न
Name any two Specific forces of business environment affecting business.
Match the pairs.
Group ‘A’ | Group ‘B’ |
A) Globalization | 1) Profit motive |
B) Privatization | 2) 2006 |
C) Liberalization | 3) Borderless economy |
D) New economic policy | 4) Service Motive |
E) Social Environment | 5) Internal factor |
6) Disinvestment | |
7) Social Values | |
8) 1991 | |
9) Abolishing license policy | |
10) GATT |
Give one word/phrase/term.
Uncontrollable factors of the business environment.
State whether the following statement is True or False.
Business and environment are inseparable parts.
Correct the underlined word and rewrite the following sentence.
External factors of business environment are controllable.
Correct the underlined word and rewrite the following sentence.
Internal factors of business are beyond control.
Explain the following term/concept.
Social 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.
Attempt the following:
Economic Environment.
What creates fear in the minds of investors to invest in long term projects?