Question : Identify the component of business environment. Shifting of workforce from 100% male to 50% male with 50% females has lead to improvement in productivity and women participation.
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer: Social environment
Solution : Social environment represents the customs and traditions, values, culture, believes, norms and ethics of a society in which business enterprises of rates for the betterment of the society. Hence Option B is correct.
Question : Identify the dimensions of business environment which has traditions, values, trends as important aspect.
Question : Identify the dimensions of business environment which has impact on the interest rate, inflation rate, changes in disposable income of the people, etc.
Question : Identify the component of business environment. The demand for baby product has reduced as with increase in the birth rate and fall in the death rate the infants have now bigger share in composition of population.
Question : Fill in the blanks- Extent and nature of government intervention in business is a part of ______ environment.
Question : Fill in the blanks- Introduction of GST and demonetisation is a part of _____ environment.
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