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Give one word/phrase/term.The process of transferring ownership of business enterprise, agency or public service from the public service to private sector. - Organisation of Commerce and Management

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प्रश्न

Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.

एक शब्द/वाक्यांश उत्तर

उत्तर

Privatisation.

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पाठ 7: Business Enviroment - Exercise Q.1 [पृष्ठ १५०]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
पाठ 7 Business Enviroment
Exercise Q.1 | Q 3.3 | पृष्ठ १५०

संबंधित प्रश्‍न

State any three points of importance of business environment


Beni, after completing her MBA, took up a job with a multinational company named 'Fortio'. The company was paying good salary and perks to its employees. The wages were within the paying capacity of the company the provided the employees a reasonable standard of living. The company also had a good work-culture and the behaviour of superiors was very good towards their subordinates. Beni was very happy in this organisation, but due to long working hours, she did not have time to cook her meal. She had to depend upon outside food, which was deteriorating her health. She observed that this problem was faced by many of her colleagues, not only in her company but also in many other companies. This was because of increase in the number of working women and non-availability of hygienic home-cooked food. She identified this as a great opportunity and decided to give up her job to supply packaged home-cooked food to office goers at a reasonable price. At the end of the day, she was also distributing the left-over food in the nearby night-shelters

a. State the dimension of the business environment being discussed above.
b. State the principle of management being followed by 'Fortio'.
c. Identify any two values being communicated by the company to the society in the
above case.


What is included in ‘Technological Environment’ of business? State.


Answer the question.
Explain any four features of the Business Environment.


Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.


State whether the following statement is True or False.
External factors of business environment are controllable factors. 


State whether the following statement is True or False.
Business and environment are inseparable parts.


Compete the sentence.
The term of business environment generally refers to __________


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


Explain the following term/concept.
Business environment.


Explain the following term/concept.

Globalisation.


Explain the following term/concept.

Social environment.


Study the following case/situation and express your opinion.

Make in India is an initiative launched by the government of India. It focuses on job creation and skill development and it is in twenty-five sectors of the economy. Under the initiative, brochures on these sectors and web portal were released. The initiative aims at high quality standards and minimizing the impact on the environment. It also seeks to attract foreign capital investment in India.

  1. Identify dimensions of the business environment.
  2. Comment on it.

Business environment is a group of powers.


Which factor is not included in Internal Environment?


Read the following text and answer the following question on the basis of the same:

The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine-free Coca-Cola, Diet Coke Caffeine-free, Coca-Cola Zero Sugar, Coca-Cola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design, and creative advertising.

Identify the feature of Business Environment which The Coca-Cola Company managed to get in their favour.


"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.


The changes in technology and the tastes and preferences of consumers cannot be predicted Which feature of business environment is highlighted here?


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