Question : Identify the feature of business environment highlighted here. Government has imposed 10% extra tax on the luxury commodities as a result a change in the production of organisation is experienced.
Option 1: Totality of external forces
Option 2: Inter-relatedness
Option 3: Dynamic nature
Option 4: Uncertainty
Correct Answer: Dynamic nature
Solution : The business environment is dynamic in nature. It keeps on changing weather in terms of technology improvement or shift in consumer prisoners on entry of new competition in the market. Hence Option C is correct.
Question : Identify the feature of business environment highlighted here. Invention of new method of production has reduced the cost of production and has also changed the total outlook of the organisation.
Question : Identify the feature of business environment highlighted here. It is difficult to deal with what exactly constitutes a given environment.
Question : Identify the characteristics of business environment in the below statement. Increased awareness for health care has raised the demand for organic food and green vegetables.
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 3: Complexity
Option 4: Relatively
Question : Since more number of people have become more beauty and health consious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is -
Option 2: Dynamic nature
Option 3: Inter-relatedness
Option 4: Relativity
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