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

Question : Early identification of _____________ helps an enterprise to be the first to exploit them.

Option 1: Threats

Option 2: Opportunities

Option 3: Warning signals

Option 4: Resources

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 : The condition in business environment keeps on changing 'which characteristics of business environment is being highlighted'

Option 1: Totality of external forces

Option 2: Complex

Option 3: Relativity

Option 4: Dynamic

Question : Which component of business environment requires that in every packet of cigratte there must be a horrified picture and statutory warning.

Option 1: Political environment

Option 2: Legal environment

Option 3: Social environment 

Option 4: Technological environment