Advertisements
Advertisements
प्रश्न
Explain any three features Business Environment
उत्तर
Features of business environment:
1) Interrelated: Different forces acting in a business environment are closely related to each other. For example, an increase in the income of consumers increases the demand for consumer durables such as television and refrigerator.
2) Ever-changing: The Business environment is dynamic and ever-changing. For example, consumer tastes and preferences, technology, government rules and policies keep changing continuously.
3) Complex: The Business environment is the aggregate of different interrelated and dynamic forces. Thus, it becomes difficult and complex to understand. For example, all political, social, economic, technological and legal matters affect the performance of an organisation simultaneously. While it may be easy to understand the individual effects of these forces, their cumulative effect is quite difficult to understand.
APPEARS IN
संबंधित प्रश्न
What is meant by 'business environment'?
What is included in ‘Technological Environment’ of business? State.
What is meant by business environment?
Explain any three features of the business environment.
What is meant by indirect channels of distribution? Explain the types of indirect channels of distribution.
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.
External factors of business environment are controllable factors.
Correct the underlined word and rewrite the following sentence.
External factors of business environment are controllable.
Explain the following term/concept.
Economic environment.
Which factor is not included in Internal 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 does not characterise the business environment?
Which of the following statements is incorrect?
Which of the following is the feature of Business Environment?
The term 'Business Environment' means the sum total of :
The term 'Business Environment' means the sum total of:
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.
Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?
