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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 4 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Political force
  2. Social force
  3. Natural force
  4. Personal force
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  1. Environmental adaptation
  2. Interior decoration
  3. Ignoring stability
  4. Customerless market
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  1. Company is cautious in making high stock because future demand is unclear
  2. Past bills have been paid
  3. Electricity is available in office
  4. Fixed salary date is announced
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  1. Keeping old register in the same way
  2. Rapid spread of artificial intelligence based customer service
  3. Changing employee chair
  4. Opening office window
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  1. Relativity
  2. Single effect
  3. Complete certainty
  4. Internality
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  1. Company invests fully based on only one customer's opinion
  2. Company chooses a new product after studying demand cost policy technology and competition
  3. Company only changes office colour
  4. Company only counts old bills
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  1. Business cannot control government market and technology but can plan according to them
  2. Business can change every law
  3. Customers never change preferences
  4. Technology has no relation with business
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  1. Only internal training
  2. Combined effect of legal and technological environment
  3. Personal motivation
  4. Static business policy
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  1. Demand falls in many industries due to income decline in the whole economy
  2. One customer complained
  3. One supplier arrived late
  4. One competitor placed a local poster
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  1. Company has to assess cost law customer preference and competitor strategy together
  2. Company has to find only one old file
  3. Company has to only switch on a fan
  4. Company has to only count chairs
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  1. A small shop starts accepting online orders when digital payments increase
  2. The company ignores market change
  3. Customer complaints are hidden
  4. The company keeps only old products
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  1. It always remains stable and simple
  2. It changes and its impact is not always easy to predict
  3. It changes only by owner's wish
  4. It relates only to office furniture
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  1. Alertness towards environment
  2. Distance from customers
  3. Dependence on old method
  4. Ignoring external signals
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  1. Company can identify new needs before the changing market
  2. Company can abolish tax laws
  3. Company can stop customer preference
  4. Company can control all competitors
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  1. Demand for old costly product falls due to new cheaper technology
  2. Company installed a new notice board
  3. Employee took training
  4. Shop was cleaned
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  1. Customer is a specific force
  2. Supplier is a specific force
  3. Inflation is a general force
  4. Competitor is a general force
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  1. Relativity
  2. Complete uniformity
  3. Internality
  4. Stability
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  1. Technology customer preferences and rules are changing rapidly in the industry
  2. Market is completely stable
  3. Company is taking no decision
  4. All external forces are inactive
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  1. Complexity
  2. Relativity
  3. Specific force
  4. Internal policy
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  1. Company conducts market survey to estimate future demand better
  2. Company ignores all customers
  3. Company collects no information
  4. Company assumes external change is impossible
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  1. Changing product process and policy according to external changes
  2. Stopping every external change
  3. Ignoring customer needs
  4. Replacing law with company rule
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  1. Many external factors are operating and future outcome is unclear
  2. There is only one fixed salary date
  3. Office key is safe
  4. Company old logo is same
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  1. Internal weakness
  2. Environmental opportunity
  3. Employee dispute
  4. Static demand
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  1. Launching a gym app after seeing fitness trend among young customers
  2. Oiling factory machine
  3. Selling old paper
  4. Changing office lock
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  1. One external event can affect cost demand image and policy decision
  2. External event has no impact
  3. Only one department is affected
  4. Business always remains independent of external change

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