Question : Identify the importance of business environment highlighted in the below case. Increase in the Indian share of World tourism the AGF hotels has planned for new hotels in India.
Option 1: Helps in taping useful resources
Option 2: Helps in coping with rapid changes
Option 3: Helps in assisting in planning and policy formation
Option 4: Health and improving performance.
Correct Answer: Helps in assisting in planning and policy formation
Solution : Environment is a source of opportunities amd thread it helps to understand and analyse the base for the future codes of action and guidelines for decision making. It is the base for planning and policy formation. Hence Option C is correct.
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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 : Ravi is trying to coordinate the functioning of various department. Which of the following importance of financial planning is highlighted in the given statement?
Option 1: Helps in avoidance of business shocks and surprises
Option 2: Helps in coordinating various business functions.
Option 3: Helps in reducing waste and duplication of efforts.
Option 4: Provides link between investment and financing decision.
Question : The emphasis on heavy industries during planned industrialization in India led to:
Option 1: Balanced regional development
Option 2: Neglect of small and medium enterprises
Option 3: Rapid growth of the service sector
Option 4: High levels of foreign direct investment
Question : The National Health Policy of India aims to:
Option 1: Ensure universal access to healthcare
Option 2: Promote medical tourism
Option 3: Privatize the healthcare sector
Option 4: Increase healthcare costs
Question : Planned industrialization in India was characterized by:
Option 1: A focus on export-oriented industries
Option 2: Emphasis on small-scale and cottage industries
Option 3: State-led development of heavy industries
Option 4: Rapid privatization of public enterprises
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