___________ component of general environment prescribes laws or rules that all members of business community must follow.
Political environment
Social environment
Legal environment
None of these
______________ environment consists of those components that are related to Government affairs.
Legal
Economic
Political
Social
Which is a true statement.
Economic environment consists of mobility of labour
Economic environment consists of cultural heritage
Economic environment consists of educational system and level literacy
Economic environment consists of economic infrastructure
Non-economic environment consists of social, cultural, political,legal and __________.
Technological
Non-technological
All of these
For understanding the environment _________ is essential
Environment scanning
Strategy
Both
World Trade Organisation is facilitating _____________.
Privatization
Liberalization
Globalization
____________ is a device to assist in the process of creating and maintaining demand for the product through the brand name.
Brand building
Image building
Both of these
Which business is owned, managed and controlled by the government?
Capitalism
Socialism
Mixed economy
E P Z stands for ________.
Extra promotion zone
Export promotion Zone
Export processing zone
Export prevention zone
Which one is the wrong statement
Business environment differs from place to place
The political and economical environment being interrelated
Cultural, educational, sociological environment etc does not influence business environment
Business environment is highly complex
