Chapter 3: Business Environment
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Business environment helps in improving:
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Legal environment ensures:
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Technological changes lead to:
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Government policies affect:
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Uncertainty means:
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Relativity means:
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Complexity means:
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Which is NOT an importance?
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Environment helps in:
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Which is a general force?
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Which is a specific force?
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Rise in income affecting demand is:
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Shift from CDs to OTT platforms shows:
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A: Environment is predictable R: Future changes are certain
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A: Business environment is dynamic R: It keeps changing
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Need for change arises due to:
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Demanding customers arise due to:
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Increased competition is due to:
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Globalisation means:
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Privatisation refers to:
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Liberalisation means:
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Use of AI in business is example of:
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Innovation is part of:
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Legal environment includes:
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Political environment includes:
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Change in consumer preferences relates to:
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Social environment includes:
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GDP growth is part of:
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Interest rates belong to:
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Part of economic environment:
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Technological environment refers to:
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Economic environment includes:
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Which is NOT a dimension?
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Helps in planning and policy formulation is:
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It helps in coping with:
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Business environment helps in:
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First mover advantage comes from:
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Identifying opportunities is:
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Different firms face different environments refers to:
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Business environment is uncertain because:
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Difficulty in understanding environment is:
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Environment keeps changing refers to:
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Business environment is described as:
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Which is not part of business environment?
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Business environment consists of:
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Which best defines business environment?
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Business environment includes:
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Business environment refers to:
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