Business Environment & Planning

Which of the following is not a feature of planning?

• Planning is futuristic.

• Planning is pervasive.

• Planning establishes standards for controlling.

• Planning focuses on achieving objectives.

Which of the following is not a general force in business environment?

• political environment

• social environment

• competitors environment

• Economic environment

Which of the following is not the element of political environment?

• Constitution of the country

• prevailing political system

• popularity of e-banking

• Level of political morality

Following are the elements of social environment:

• Educational system and literacy rates
• family structure
• caste and occupational structure
• all of the above

Which of the following is an example of social environment?

• money supply in the economy     
• consumer protection act
• The constitution of the country       
• composition of family

Which of the following is not a feature of Business environment? *

• Interrelated Elements

• Complex

• Continuous

• Dynamic

________ refers to negative and unfavourable external factors that are likely to create hurdles for a firm.

• Opportunities

• Threats

• Benefits

• Weakness

Identify the feature of business environment.

Demand for sarees may be high in India but almost negligible in Europe.

• Relativity

• Inter-relatedness

• Complex

The growing awareness about healthcare has led to an increase in the demand for healthcare products and services in the country. Identify the feature of business environment being described in the above case.

• Dynamic nature

• Uncertainty

• Relativity

• Interrelatedness

Business Environment is a combination of ___________ and ___________ forces.