Question : Case Study 14:
PQR Enterprises is a manufacturing company that has been facing challenges in recruiting and retaining skilled employees due to changes in educational trends and skill requirements.
Q What does the term "educational trends" refer to?
Option 1: The process of reducing government intervention in the economy
Option 2: The process of nationalizing private companies
Option 3: The process of promoting import restrictions
Option 4: The changing patterns and approaches in education
Correct Answer: The changing patterns and approaches in education
Solution : The correct answer is (D) The changing patterns and approaches in education
The term "educational trends" refers to the changing patterns and approaches in education. It includes shifts in educational methods, curriculum, technology integration, and the skills and knowledge that are emphasized in educational systems over time. Educational trends reflect the evolving needs and demands of the workforce and society and can influence the skill requirements for various industries and professions.
Question : Case Study 9:
PQR Enterprises is a manufacturing company that has been impacted by a government policy change promoting liberalization, privatization, and globalization.
Q:- What does the term "liberalization" refer to?
Option 3: The process of protecting domestic industries from foreign competition
Option 4: The process of promoting import restrictions
Question : Case Study 16:
JKL Enterprises is a retail company that is facing challenges due to changes in consumer preferences and lifestyle trends.
Q:- What does the term "consumer preferences" refer to?
Option 4: The choices and tastes of consumers regarding products and services
Q:- What is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Social environment
Option 4: Legal environment
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