class12 ch 3business environment

Which of these are external factors that influence financial decisions?

• Price

• Personal

• Cultural

• Marketing

• Finance

Business Environment means *

• Internal Environment of Business

• External Environment

• Internal and External Environment

• Economic Environment of country

Which of the following is not a feature of Business environment? *

• Interrelated Elements

• Complex

• Continuous

• Dynamic

Which of the following are the dimensions of the business environment? *

• Economic Environment

• Social Environement

• Technological Enrionment

• All of the above

Relaxing the restrictions and controls imposed on Business and industry means *

• Globalisation

• Liberalisation

• Privatisation

• All of the above

________ refers to negative and unfavourable external factors that are likely to create hurdles for a firm *

• Opportunities

• Threats

• Benefits

• None of the above

Relaxing the restrictions and controls imposed on Business and industry means *

• Globalisation

• Liberalisation

• Privatisation

• All of the above

Globalization does not involve *

• Reduction of barrier

• Free flow of capital

• Global mechanism for settlement of economic disputes

• Free flow of goods & services

The organic food market in India is grow at 25-30 per cent which reflects a clear shift in consumer tastes and preferences. The current growth in the organic food market is driven by multiplicity of factors like rising health consciousness, changing lifestyles, increase in disposable income and growing availability of organic food products in shopping malls, retail outlets and online. Which dimension of business environment is highlighted here?

• Economic Environment

• Social Environment

• Political Environment

• Technological Environment

An example of an internal environmental factor is...

• Legal issues eg consumer law

• Suppliers

• Employees

• Competitors