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Business Studies

Features of business environment

In Class 12 Business Studies, this topic from the chapter “Business Environment” explains the main features of the forces that influence business decisions and performance. Students learn that the business environment is the totality of external factors, including specific forces such as customers and competitors and general forces such as economic, social, political, legal and technological conditions. The topic also covers their interrelatedness, dynamic nature, uncertainty, complexity and relativity, helping learners understand why businesses must continuously monitor and respond to environmental changes.

Expert · Level 2 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Totality means only customers and complexity means only employees
  2. Both mean static environment
  3. Totality is multiplicity of external forces and complexity is difficulty in understanding their impact
  4. Both show complete company control
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  1. Specific external forces
  2. General natural forces
  3. Internal accounting forces
  4. Fully controlled forces
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  1. Complete certainty
  2. Stability
  3. Simplicity
  4. Uncertainty
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  1. Rise in national income increases families purchasing power and company demand
  2. One customer pays bill late
  3. One supplier stops goods
  4. One salesperson phone is switched off
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  1. Specificity only
  2. Internal decision only
  3. Totality of external forces
  4. Complete stability
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  1. Stable and unstable force
  2. Specific and general force
  3. Internal and personal force
  4. Controlled and ended force
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  1. Treating sales fall as only price effect while distribution delay and bad reviews are also causes
  2. Changing one employee name
  3. Writing machine capacity
  4. Noting office address
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  1. Interrelatedness only
  2. Complete control
  3. Static environment
  4. Totality of external forces
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  1. Dynamic nature
  2. Complete uniformity
  3. Simplicity
  4. Natural force
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  1. Installing a new office board
  2. Technological improvement reduces cost lowers price and increases demand
  3. One employee taking leave
  4. Closing the cash box
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  1. Complete same effect
  2. Totality
  3. Relativity
  4. Specific force
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  1. Demand is permanently same
  2. It is unclear how law cost and customer preference will change next year
  3. Company controls all external elements
  4. Employee list is final
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  1. Only internal control
  2. Complete stability
  3. Totality of external forces
  4. Single effect
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  1. Relativity
  2. Specific force
  3. Complete control
  4. Complexity only
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  1. Company changes its logo color
  2. Government changes tax rate and company adjusts cost plan
  3. Company decides daily attendance
  4. Manager changes table position
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  1. Specificity only
  2. Simplicity
  3. Complete certainty
  4. Totality of external forces
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  1. Complete stability
  2. Interrelatedness
  3. Single effect
  4. Internal policy
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  1. Calling interest rate a general force
  2. Calling customer complaint a specific force
  3. Calling competitor discount a general economic force
  4. Calling tax policy a general force
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  1. Totality only
  2. Dynamism only
  3. Complete control
  4. Interrelatedness
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  1. Complete simplicity
  2. Complexity
  3. Internal control
  4. Uniformity
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  1. Dynamism only
  2. Specific force only
  3. Relativity
  4. Complete stability
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  1. Changing technology changes customer expectation and service process is redesigned
  2. Old file is removed in office
  3. Company changes its stamp
  4. One employee changes seat
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  1. Complete control
  2. Relativity
  3. Specific force
  4. Uncertainty
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  1. Specificity
  2. Complexity
  3. Complete forecasting
  4. Stability
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  1. Only internal efficiency is important
  2. Demand is completely stable
  3. Business environment is the totality of many external forces
  4. Company controls all external forces

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