12th Class Business Studies Business Environment Question Bank

done Business Environment (Short) Total Questions - 28

• question_answer1)
  What do you understand by business environment?
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• question_answer2)
  Why it is important for business enterprises to understand their environment? Explain briefly.
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• question_answer3)

  Mention the various dimensions of business environment.

  Or

  Different parts or elements of business environment are closely interrelated. Justify it with help of an example. [HOTS]

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• question_answer4)

  Briefly explain the following:

  (i) Liberalisation

  (ii) Privatisation

  (iii) Globlisation.

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• question_answer5)

  Briefly discuss the impact of Government policy changes on business and industry.

  Or

  Explain any five impacts of Government Policy changes on Business and Industry in India.

  [Delhi, AI, Foreign 2010; Foreign 2011; Delhi 2011, 2012; AI 2012]

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• question_answer6)
  Business Environment includes both 'specific and general forces'. List any four specific forces.  [Delhi 2011]
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• question_answer7)
  Business Environment includes both 'specific and general forces'. List any four general forces. [AI 2011]
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• question_answer8)
  Why is it said that 'Business Environment is a 'Relative Concept'?                                                 [Foreign 2011]
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• question_answer9)
  Business environment keeps on changing whether in terms of technological improvement, shifts in consumer preferences, etc. Which feature of business environment is highlighted here?                                                           [HOTS]
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• question_answer10)
  Which feature of business environment is indicated when it is stated that business environment is a phenomenon that is relatively easier to understand in parts but difficult to grasp in its totality?                                           [HOTS]
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• question_answer11)
  The understanding of business environment helps the managers to identify 'threats'. What is meant by 'threats' here?                                                                                      [Delhi 2011]
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• question_answer12)
  "The understanding of Business Environment enables the firm to identify opportunities." What is meant by 'opportunities' here?                                                                                                                                     [AI 2011]
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• question_answer13)
  Business environment enables the firm to identify opportunities and getting the first mover advantage. Justify it with an example.                                                                                                                                              [HOTS]
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• question_answer14)
  Give a practical example from current scenario to prove that business environment helps the firm to identify threats and early warning signals.                                                                                                        [HOTS]
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• question_answer15)
  What is included in 'Technological Environment' of Business?                                                       [Foreign 2011]
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• question_answer16)
  Which environment describes characteristics of the society in which the organization exists?    [HOTS]
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• question_answer17)
  Which element/dimension of business environment involves improvements and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business?                               [HOTS]
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• question_answer18)
  Which environment prohibits the advertisement of alcoholic beverages?                                                    [HOTS]
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• question_answer19)
  State any two impacts of change of government policy on business and industry.     [CBSE Sample paper 2011]
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• question_answer20)
  Customers have become more demanding due to changes in government policy. Why?                              [HOTS]
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• question_answer21)
  In recent times the Govt. has increased the prices of diesel and LPG. Which value is being overlooked here?
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• question_answer22)
  After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India. These steps of the government have boosted which values?
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• question_answer23)
  Government of India has permitted to allow oil marketing public sector undertaking to fix their own price for petrol and diesel. Which economic reform is the reason of this government's policy?
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• question_answer24)
  Explain in brief the term 'Liberalisation'. In what ways have the Indian business houses/managements responded to this change?                                                                                                                                  [Delhi 2007]
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• question_answer25)
  What is meant by 'Privatisation? In what ways have the Indian business houses/ managements responded to this change?                                                                                                                                             [AI 2007]
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• question_answer26)
  State the meaning of "GIobalisation5. In what ways have the Indian business houses/ managements responded to this change?                                                                                                                                  [Foreign 2007]
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• question_answer27)

  State any five impacts of changes in Government policies on Business Environment.                      [Delhi 2006C]

  Or

  Explain "Increasing competition" and "More demanding customers' as impact of Government policy changes on Business and Industry.                                                                                                                           [AI 2011]

  Or

  Explain "Necessity for change' and "Need for developing human resources' as impacts of Government policy changes on Business and Industry.                                                                                                            [Foreign 2011]

  Or

  Explain "Threat from MNC' and "World Class Technology' as impacts of changes in the Government policy on business and industry.                                                                                                                  [Foreign 2006]

  Or

  Explain any five impacts of Government Policy changes on Business and Industry in India.

  [Delhi, AI, Foreign 2010, Foreign 2011, Delhi 2011, 12; AI 2012]

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• question_answer28)
  What is demonetization?
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