Question : Investors, customers, competitors are the example of ______________ forces whereas social, political, legal and technological is the example of _________________ forces.
Option 1: General, specific
Option 2: Specific, rational
Option 3: Rational, general
Option 4: Specific, general.
Correct Answer: Specific, general.
Solution : Investors, customers, competitors are the example of specific forces whereas social, political, legal and technological is the example of general forces. Hence, Option D is correct.
Question : ___________ forces such as social, political, legal have impact on all business enterprises but may affect only indirectly.
Option 1: Specific
Option 2: General
Option 3: Relative
Option 4: Total
Question : Which of the following option correctly describes the difference between specific and general forces of business environment?
Option 1: Specific forces affect the individual enterprises directly, whereas general forces have indirect impact on all business enterprises.
Option 2: General forces have direct impact on individual enterprises, whereas specific forces have indirect impact on business enterprise.
Option 3: Specific forces does not affect an enterprise at all, whereas general forces affects directly on all business enterprises
Option 4: None of the above
Question : Which of the following is NOT a component of the competitive environment
Option 1: Suppliers
Option 2: Competitors
Option 3: Customers
Option 4: Technological advancements
Question : Which of the following is NOT a component of the general environment
Option 1: Economic factors
Option 2: Technological factors
Option 3: Competitors
Option 4: Political factors
Question : Which of the following is a component of the general environment?
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