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Subjects

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.

Medium · Level 3 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Complete predictability
  2. Complexity
  3. Only internal control
  4. Stability
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  1. Dynamism shows change and uncertainty shows difficulty in exact future prediction
  2. Dynamism relates only to employees and uncertainty only to machines
  3. Both mean stability
  4. Both are only accounting rules
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  1. Entering a new product category before market changes
  2. Arranging old files alphabetically
  3. Counting office chairs
  4. Putting a calendar on company wall
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  1. Identification of warning signals
  2. Only recruitment of employees
  3. Valuation of fixed assets
  4. Preparing cash book
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  1. Complete stability
  2. Dynamism
  3. Internal rule
  4. Accounting control
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  1. Because it is made only of office rules
  2. Because it depends only on owner decision
  3. Because customers suppliers technology law and society together affect it
  4. Because it has no effect on business
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  1. Uncertainty
  2. Totality
  3. Stability
  4. Relativity
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  1. Complaint of a specific customer
  2. Level of national income
  3. General technological progress
  4. Population structure
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  1. Specific force
  2. General force
  3. Internal force
  4. Personal force
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  1. Stability
  2. Uniformity
  3. Interrelatedness
  4. Internal control
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  1. Complete certainty
  2. Single impact
  3. Easy structure
  4. Complexity
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  1. Specific force
  2. General force
  3. Natural force
  4. Global population
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  1. Simplicity
  2. Dynamic nature
  3. Static demand
  4. Complete control
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  1. Exact prediction of future customer response is difficult
  2. Past sales are known
  3. Office timing is fixed
  4. Employee list is ready
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  1. Every change affects every company equally
  2. Environmental impact may vary with country time and situation
  3. Environment exists only inside factory
  4. Business remains separate from external forces
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  1. Internal training
  2. Private decision
  3. External legal force
  4. Personal goal
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  1. Identification of opportunity
  2. Proof of stability
  3. External control
  4. Account reconciliation
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  1. Company bought a new pen
  2. Fuel price rise increased transport cost and changed retail price
  3. Colour of files was changed
  4. Chair was repaired
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  1. Deciding store timing according to market demand and local rules
  2. Cleaning an employee desk
  3. Changing the cover of an old file
  4. Changing computer wallpaper
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  1. Same demand remains stable everywhere
  2. Changing preferences develop at different speeds in rural and urban markets
  3. Company registration number does not change
  4. Office wall remains fixed
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  1. Ignoring the total impact
  2. Full control of the tax rate
  3. End of competition
  4. Complete certainty about the future
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  1. Totality
  2. Relativity
  3. Stability
  4. Internality
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  1. National policy changes and the main customer also reduces order
  2. Only employees make identity cards
  3. Only plants are placed in office
  4. Only dust is removed from files
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  1. Because all components always work in the same direction
  2. Because economic social technological and legal components affect separately and together
  3. Because there is no external component
  4. Because future is always certain
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  1. It consists of forces outside business that influence decisions
  2. It consists only of company salary rules
  3. It is only the owner's personal preference
  4. It is only factory machinery

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