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Subjects

Business Studies

Meaning of business environment

In Class 12 Business Studies, this topic explains the meaning of the business environment—the totality of external forces, conditions and institutions that influence how a business operates and makes decisions. Students understand why a business cannot function in isolation and how changes in economic, social, political, legal, technological and competitive conditions can create opportunities or challenges. It provides a clear foundation for studying the features and importance of the Business Environment chapter.

Medium · Level 1 · 25 questions

TOPIC PRACTICE

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Up to 25 questions from this page. Select your focus, then start.

25 questions

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  1. Specific environment
  2. General environment
  3. Internal environment
  4. Financial accounting
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  1. Technological environment
  2. Social environment
  3. Economic environment
  4. Natural environment
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  1. Technological environment
  2. Political environment
  3. Supplier environment
  4. Employee environment
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  1. Social force
  2. Economic force
  3. Cultural force
  4. Geographical force
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  1. Legal environment
  2. Technological environment
  3. Social environment
  4. Political environment
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  1. Stability
  2. Dynamic nature
  3. Full control
  4. Simplicity
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  1. Uncertainty
  2. Uniformity
  3. Complete prediction
  4. Internal control
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  1. Simplicity
  2. Complexity
  3. Stability
  4. Isolation
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  1. Environment is relative
  2. Environment is always identical
  3. Environment is only internal
  4. Environment has no impact
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  1. General force
  2. Specific force
  3. Natural force
  4. Demographic force
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  1. Political environment
  2. Economic environment
  3. Social environment
  4. Technological environment
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  1. Specific environment
  2. General environment
  3. National income
  4. Internal accounting
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  1. Totality
  2. Uniformity
  3. Internality
  4. Inactivity
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  1. Interrelatedness
  2. Full control
  3. Permanent nature
  4. Single cause
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  1. Only threat
  2. Opportunity
  3. Internal weakness
  4. Accounting error
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  1. Environment is external and largely uncontrollable
  2. Environment is fully internal
  3. Environment has no relation with management
  4. Environment consists only of employees
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  1. Social environment
  2. Employee environment
  3. Storage environment
  4. Capital structure
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  1. Technological environment
  2. Legal environment
  3. Social environment
  4. Demographic environment
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  1. Specific environment
  2. General environment
  3. Political environment
  4. Natural environment
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  1. Social and technological
  2. Only legal
  3. Only natural
  4. Accounting and finance
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  1. Market closure
  2. Environmental scanning
  3. Accounting reconciliation
  4. Organisation dissolution
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  1. Threat
  2. Opportunity
  3. Internal weakness
  4. Employee problem
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  1. Opportunity
  2. Threat
  3. Internal strength
  4. Ownership right
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  1. Only cash and bank
  2. Social, technological, political, and legal factors
  3. Only employee salary
  4. Only production cost
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  1. Infrastructure
  2. Internal accounting
  3. Office discipline
  4. Employee promotion

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