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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 5 · 25 questions

TOPIC PRACTICE

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  1. Lack of environmental awareness
  2. Excessive environmental adaptation
  3. Too much market study
  4. Complete opportunity identification
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  1. It is a dynamic complex uncertain and relative group of external forces
  2. It is only a stable internal rule of company
  3. It is only personal habit of employees
  4. It is a social discussion separate from business
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  1. Totality of external forces
  2. Uniformity
  3. Internal control
  4. Stability
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  1. Specific forces
  2. Static nature
  3. Only legal effect
  4. Only internal effect
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  1. General forces
  2. Specific forces
  3. Full control
  4. Certainty of opportunity
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  1. Interrelatedness
  2. Single effect
  3. Complete certainty
  4. Internal policy
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  1. Dynamic nature
  2. Permanent nature
  3. Simplicity
  4. Uniformity
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  1. Uncertainty
  2. Simplicity
  3. Controllability
  4. Complete clarity
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  1. Complexity
  2. Sameness
  3. Only opportunity
  4. Stability
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  1. Relativity
  2. Uncertainty
  3. Complete uniformity
  4. Totality
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  1. It keeps changing with time
  2. It always remains the same
  3. It is limited only to factors within the company
  4. It is determined only by managers' decisions
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  1. Specific force
  2. General force
  3. Irrelevant force
  4. Internal force
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  1. Economic general force
  2. Specific customer force
  3. Internal resource
  4. Employee training
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  1. Interrelatedness
  2. Full control
  3. Permanent demand
  4. Only legal effect
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  1. Because it has a combined effect of many elements
  2. Because it has only one element
  3. Because it is completely stable
  4. Because it is formed only by written rules
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  1. Relativity
  2. Simplicity
  3. Stability
  4. Complete prediction
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  1. Specific force
  2. General economic policy
  3. Only social force
  4. Internal budget
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  1. Totality of external forces
  2. Only customer effect
  3. Stable operation
  4. Personal decision
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  1. Not being able to predict future demand accurately
  2. Company daily attendance register
  3. Fixed machine capacity of factory
  4. Owner personal decision
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  1. Dynamic nature
  2. Complete stability
  3. Only internal rules
  4. Unaffected business
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  1. Customers suppliers competitors
  2. Climate constitution culture
  3. Inflation technology population
  4. Politics society economy
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  1. Economic social technological political
  2. Customers suppliers employees
  3. Sellers competitors agents
  4. Owner manager director
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  1. It may differ across places and time
  2. It is exactly same everywhere
  3. It applies only to one industry
  4. It makes future completely certain
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  1. Interrelatedness
  2. Complete independence
  3. Stability
  4. Only market effect
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  1. Complexity
  2. Relativity
  3. Ease
  4. Uniformity

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