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'Digilocker' is a flagship initiative of ‘Ministry of Electronics and IT’, Government of India. It aims at digital empowerment of the citizens by providing access to authentic digital - Business Studies

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प्रश्न

'Digilocker' is a flagship initiative of ‘Ministry of Electronics and IT’, Government of India. It aims at digital empowerment of the citizens by providing access to authentic digital documents such as academic certificates issued by different Examination Boards, Driving Licenses, Vehicle registrations, etc. in a digital format.

The above para discusses a few dimensions of Business Environment.

Identify the correct dimensions from the following:

पर्याय

  • Economic Environment and Technological Environment

  • Social Environment and Economic Environment

  • Social Environment and Political Environment

  • Political Environment and Technological Environment

MCQ

उत्तर

Political Environment and Technological Environment

Explanation:

Political environments are made up of factors that are influenced by government actions. Internal, national, or local activities can all have an impact on a company's operations. The technological environment is the evolution of technology that influences business through new inventions and advancements in production and its procedures.

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Dimensions of Business Environment - Macro
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2022-2023 (March) Delhi Set 1

संबंधित प्रश्‍न

A recent rate cut in the interest on loans announced by the Banks encouraged Amit, a science student of Progressive School to take a loan from State Bank of India to experiment and develop cars to be powered by fuel produced from garbage. He developed such a car and exhibited it in the Science Fair organised by Directorate of Education. He was awarded first prize for his invention.

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.


Give an example to show that a business firm operates within numerous inter related factors constituting the business environment.(Hint: example highlighting the inter  relatedness of dimensions of business environment).


The government of India announced Demonetization of  500 and 1,000 currency notes with effect from the midnight  of November 8, 2016. As a result, the existing  500 and 1,000 currency notes ceased to be legal tender from that  date. New currency notes of the denomination of  500 and  2,000 were issued by Reserve Bank of India after the announcement.
This step resulted in a substantial increase in the awareness about and use of Point of Sale achines, e-wallets, digital cash and other modes of cashless transactions. Also,  increased transparency in monetary transactions and  disclosure led to a rise in government revenue in the form of tax collection.
a. Enumerate the dimensions of business environment highlighted above.
b. State the features of Demonetization.


What is meant by Macro Environment?


Which of the following is an example of social 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?


As part of regulations to be followed by advertisers, the advertisement for a new brand of baby food for infants provides important information for potential buyers that it is “Not recommended for infants under the age of four months”. Which dimension of the business environment is highlighted in the above statement?


India has launched its most advanced Geo-imaging satellite which will allow better monitoring of the subcontinent, including its borders with neighbouring countries, by imaging the country 4-5 times a day. The satellite is capable of near real time monitoring of floods and cyclones. The factor constituting the Business Environment being discussed above is ______.


Mohammad Kanjiwal, a beekeeper since April 2021 is now part of the growing tribe of at least 50 urban dwellers across Maharashtra raising bees and harvesting honey in their balconies, rooftops and back gardens. As he had been focussed on eating right the thought of domesticating honey bees to promote healthy consumption habits and seeing honey being cultivated right before his eyes was mesmerising for him. Identify the factor constituting the general environment being discussed above.


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.


Which of the following items is a component of economic environment?


Which one of the following is NOT a component of the legal environment?


What is meant by technological environment?


Criya Automobiles Ltd. plans to increase its production services in India, hence they want to analyse the economic environment of the business. Which one of the following factors should the company focus on?


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