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 is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Political environment
Option 3: Social environment
Option 4: Technological environment
Correct Answer: Political environment
Solution : The correct answer is (B) Political environment
The business environment factor affecting PQR Enterprises in this case is the political environment. The company has been impacted by a government policy change that promotes liberalization, privatization, and globalization. These policy changes are political decisions that influence how the business operates and its competitiveness within the market.
Q:- How can understanding the political environment help PQR Enterprises in dealing with the impacts of liberalization, privatization, and globalization?
Option 1: By seeking government subsidies
Option 2: By forming strategic alliances with foreign companies
Option 3: By expanding into new markets
Option 4: By increasing the number of employees
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.
Option 2: Technological environment
Option 4: Legal environment
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.
Option 3: Government policies
Option 4: Social environment
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