English

Which of the following items is a component of economic environment? - Business Studies

Advertisements
Advertisements

Question

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

Options

  • Expansion of transportation and communication services in Delhi.

  • Facility of booking train tickets, through mobile apps.

  • Restriction on 15-years-old petrol vehicles plying on roads in Delhi.

  • The Haryana Government's announcement of free bus rides for females on the occasion of Rakshabandhan.

MCQ

Solution

Expansion of transportation and communication services in Delhi.

Explanation:

The Economic Environment seeks to increase profit through expansion. As a result, the expansion of transport and communication services in Delhi is part of the economic environment.

shaalaa.com
Dimensions of Business Environment - Macro
  Is there an error in this question or solution?
2022-2023 (March) Outside Delhi Set 1

RELATED QUESTIONS

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.


How would you characterize business environment? Explain  with examples, the difference between general and specific environment.


Explain, with examples, the various 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 the social environment? Enumerate any three components of the social environment. 


Enumerate the components of the macro environment of a business concern.


State two components of the legal environment of a business concern.


Celebration of Diwali is the example of ________.


Which of the following is an example of a social environment?


The trend of health and fitness has created a demand for products like gyms, bottled mineral water, and food supplements, etc., these are the example of ________.


Subsidy to cotton textile businesses is the ________.


Advertisement of alcoholic beverages is prohibited. This is an example of ________.


Which of the following is an example of social environment?


“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?


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 ______.


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.


With a revolution taking place in the manufacturing of mobile phones with super class cameras, the business of cameras in the consumer market has taken a hit. Studies show that mobile phone photography has devastated the camera industry.

The dimension of business environment highlighted in the above case is:


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×