Business Assigment ch-3
Business Assigment ch-3
1. “Demand for sarees may be high in India, whereas it is almost nil in France”. Which
characteristic of business environment is highlighted by this statement?
2. ‘People are becoming conscious of their health and fitness’. Name the dimension of
the business environment highlighted by this statement.
3. Colour television wiped out the market for black and white television. Which
dimension of business environment is highlighted in the given statement?
4. The Indian Government has banned the advertisement of alcoholic products. Identify
the dimension of business environment highlighted here.
5. Name the term or process which indicates the induction of private ownership in state
owned undertakings.
6. “Social trends present various opportunities and threats to business enterprises.” Give
an example.
7. Attractive rate of interest on home loans have increased the demand for homes and
has given a boost to the business of builders and property dealers. Which dimension
of business environment is highlighted by this statement?
8. Name the term or process which means integrating the economy with rest of the
world.
9. Premier Publications a book publishing company, identifies ‘CBSE New Design of
Question Paper’ as an opportunity early and publishes its books as per the changed
CBSE pattern much before its competitors. Which environment awareness is being
identified by Premier Publications?
10. Name the term or process which means freeing the Indian business and industry from
all unnecessary government controls and restrictions so that they can operate more
freely.
11. The project of Nano car re-established in Gujarat is indicated by which factor of
environment.
12. The Reserve Bank of India (RBI) increased the Cash Reserve Ratio (CRR) by 0.25
Basis Points to overcome the inflationary trends in the economy. Identify the
dimension of business environment highlighted by this statement.
13. “After 1991, the market forces have become very dynamic as a result of which the
business enterprises have to modify their existing policies and operations from time to
time.” State the impact of government policy changes on business highlighted by the
statement.
14. “Google a search engine is continuously improved by its management by adding some
innovative features to remain ahead of changes made by other competing search
engines.” Which importance of business environment is shown by this statement?
15. Give an example how economic environment affects a business enterprise.
16. Give any one factor responsible for new economic policy of liberalisation,
privatisation and globalisation.