हिंदी

What is Included in the 'Legal Environment' of Business? State. - Business Studies

Advertisements
Advertisements

प्रश्न

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

उत्तर

The legal environment includes the framework of legislation and rules impacting the business. It is framed by the Parliament and passed by the government such as the Companies Act, 1956, Industries Dispute Act, 1947, and Trade Union Act, 1926.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2013-2014 (March) All India Set 1

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

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


Name any two Specific forces of business environment affecting business.


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


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


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


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


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


Select the correct Option 
In how many type environmental factors can be classified?


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


Correct the underlined word and rewrite the following sentence.

External factors of business environment are controllable.


Explain the following term/concept.

Globalisation.


Attempt the following:

Social Environment.


The sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance is known as ______.


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.


Assertion (A): Changes in fashions and tastes of consumers may shift demand in the market from existing products to new ones. 

Reason (R): Business environment is dynamic, i.e., it keeps on changing in consumer preferences.


'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of 'Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'.

To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children.

The above information highlights one of the features of 'Business Environment'. Identify the feature from the following:


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×