Question : Case Study 3:
PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.
Q:- What is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Government policies
Option 4: Social environment
Correct Answer: Government policies
Solution : The correct answer is (C) Government policies
The business environment factor affecting PQR Enterprises in this case is government policies, particularly those related to taxation. Changes in government policies can have a significant impact on a business, and in this scenario, PQR Enterprises needs to adapt its operations to comply with these new policies and minimize the impact on its profitability.
Q:- Which dimension of the business environment is highlighted in this case?
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Q:- How can PQR Enterprises adapt to the changes in government policies?
Option 1: By seeking government subsidies
Option 2: By finding alternative suppliers
Option 3: By implementing cost-cutting measures
Option 4: By diversifying into unrelated businessescu
Option 4: By diversifying into unrelated businesses
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