Question : Identify the aspect of social environment highlighted here. A recent study has suggested that higher alcohol intakes decrease life expectancy. This is an opportunity for organic food and threat for alcohal suppliers.
Option 1: Values
Option 2: Tradition
Option 3: Trend
Option 4: All of the above.
Correct Answer: Trend
Solution : Social trends present various opportunities and threads to the business firms. Hence Option C is correct.
Question : Identify the aspect of social environment highlighted here. Distribution of sweet on the occasion of Diwali.
Question : Identify the aspect of social environment highlighted here. Equal wages opportunities are given to the women.
Question : Identify the feature of business environment highlighted here. A shift of preference from cold drinks to organic juice will come as an opportunity by the organic juice company and for the cold drink company it would be a threat
Option 1: Totality of external forces
Option 2: Inter-relatedness
Option 3: Complexity
Option 4: Relatively
Question : Identify the dimensions of business environment which has impact on the interest rate, inflation rate, changes in disposable income of the people, etc.
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Question : Identify the component of business environment. Shifting of workforce from 100% male to 50% male with 50% females has lead to improvement in productivity and women participation.
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