Question : Identify the importance of business environment highlighted in the below case.
Enterprises design policies to arrange the required resources so that it can convert them into desired output.
 

Option 1: Identify opportunities and getting first mover advantage
 

Option 2: Identify threads and early warning signals
 

Option 3: Helps in taping useful resources
 

Option 4: Helps in coping with rapid changes
 

Question : Identify the importance of business environment highlighted in the below case.
Timely understanding of environment helps to make suitable changes in the organisation.
 

Option 1: Identify opportunities and getting first mover advantage
 

Option 2: Identify threads and early warning signals
 

Option 3: Helps in taping useful resources
 

Option 4: Helps in coping with rapid changes
 

Question : Demand for LED TV are increasing day by day. Thus, TV manufacturers have started making LED TVs instead of LCD. Identify the significance of business environment being portrayed in the given case.

Option 1: Helpful in tapping useful resources 

Option 2: Helps the firm to identify threats and early warning signals

Option 3: Helps in coping with rapid changes

Option 4: Both 1 and 3

Question : Identify the importance of business environment highlighted in the below case.
Maruti udyog was the first company to recognise the need for small cars in India.
 

Option 1: Identify opportunities and getting first mover advantage
 

Option 2: Identify threads and early warning signals
 

Option 3: Helps in taping useful resources
 

Option 4: Helps in coping with rapid changes
 

Question : Business environment is a source of both _____________ and ______________.

Option 1: Resources, changes

Option 2: Changes, opportunities 

Option 3: Changes, threats

Option 4: Opportunities, threats