Business Environment - Questions

Q      Define Business Environment.

Q      What are the dimensions of Business Environment?

Q      Explain the features of Business Environment.

Q      How are various dimensions of Business Environment interrelated?

Q      What is the importance of study of Business Environment?

Q      What are the general forces affecting the Business Environment.

Q      What do you mean by business opportunity?

Q      What is business threat?

Q      What are various specific forces that affect Business Environment?

Q      What are the components of economic environment?

Q      Give features of new trade policy.

Q      Which are the major acts that are significant for the modern business?

Q      What are the micro level factors affecting the Business Environment?

Q      What are the macro level factors affecting the Business Environment?

Q      What are the main objectives of India’s five year plans?

Q      What are the features of Industrial Policy 1991?

Q      Write note on: Liberalization, privatization and globalization.

Q      What is disinvestment?

Q      What are the features of globalised economy?

Q      What are the major challenges faced by modern corporate managers?

Q      What suggestions would you give to face the challenges of modern business?

Q      Which environment describes characteristics of the society in which the organization exists.

Q      Which element / dimension of business environment involves improvement and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business.

Q      Which environment prohibits the advertisement of alcoholic beverages?

Q      Banking sector reforms have led to easier credit terms and better services. This is an example of a key component of the “Business Environment “ name this component?

Q      ‘Demand for reservation in jobs for minorities refers to an example of key component of general environment  of business. Name this component.

Q      It is the process by which government control over the industry is being loosened. Give the term to which this statement is trying to indicate.

Q      Which process aims at giving greater role to the private sector role to the public sector?

Business Environment - Questions

Write the values(positive or negative) involved the following cases.

Q      In recent times the Govt. has increased the prices of diesel and LPG.

Q      After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India.

Q      Mr. Jagat is working in a toy manufacturing company. He is working as General Manager – Finance in Accounts Payable department of the company. One of the vendors approaches him to release a disputed payment for which he promised to give 5% commission to Mr. Jagat. He refused to do this and also warned vendor does not do it again in future.

Q      ABC Ltd. is a multinational company operating in most of the countries of the world. They have a subsidiary in India. They decided to distribute Diwali gifts to the employees of Indian subsidiary as that is part of Indian culture at the time of Diwali festival.

Q      Decline in interest rates on housing loans declared by RBI. Name the component of business environment.

Q      ‘Alcohol beverages are prohibited to be advertised on media’.

Q      The government restricted the use of LPG cylinders to only nine per family per year

Q      ‘Demand for reservation in jobs for minorities.

Q      Male CEOs are most preferred for all type of organization.

Q      Removal of mobile towers from residential area is being planned by the government to promote which value?

Q      The policy of liberalisation, privatisation and globalisation of the government has made a significant impact on the working of enterprises in business and industry. The Indian corporate sector has come face-to-face with several challenges due to government policy changes.

Dimensions of Business Environment

Business Environment – Keywords and Brief Notes