Which of the following consists of factors like monetary policy, fiscal policy, price and income equation etc.?
Economic environment
Non-economic environment
Internal environment
Organizational environment
Which of the following means a process by which organization monitor their relevant environment to identify opportunities and threats affecting their environment?
Economic scanning
Economic review
Economic monitoring
None of these
Which of the following led to competition to multinationals?
Companies Act 1956
Globalisation
Industrial policy
Business environment is always
Constant
Changing
Regular
Irregular
Which one is a factor of business environment?
Market condition
Education level
Composition of population
Social institution
Which component of general environment prescribes laws or rules that all members of business community must follow?
Political environment
Social environment
Legal environment
Which of the following terms refers to a series of economic reforms introduced by the government of India since July 1991?
Privatization
Globalization
Economic liberalization
The process of privatization began by the Government of India in
July 1992
1991 July
1993 July
1994 July
Operating environment includes
Labour component
Social component
Both a and b
Which among the following is not a business of economic environment?
Economic policies
Money market
Customs and traditions
Product market