Management and Business Environment (CBSE Class-12 Business-Studies): Questions 36 - 42 of 42

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Question number: 36

» Management and Business Environment » Business Environment

Appeared in Year: 2012

Essay Question▾

Describe in Detail

State any five features of ‘Business Environment’.

Explanation

1. Totality of External Forces: The business environment is the sum total of all individuals, institutions and other forces that are outside the control of a business enterprises.

2. Dynamic Nature: Business environment is dynamic in nature as it keeps on changing.

3. Specific and General Forces: Business environment includes… (39 more words) …

Question number: 37

» Management and Business Environment » Business Environment

Essay Question▾

Describe in Detail

Explain with the help of one example each how Political Environment’ and ‘Legal Environment’ affect the functioning of a business enterprise.

Explanation

Political Environment: Changes in political situation affect business organizations.

Political Environment includes political conditions as given below: -

  • Stability: - Political stability builds confidence business community white political unpredictability and bad law order situation bring in business activities.
  • Peace: - Political environment has immediate and great impact on the business… (57 more words) …

Question number: 38

» Management and Business Environment » Business Environment

Short Answer Question▾

Write in Short

What is meant by ‘Promotion Mix’?

Question number: 39

» Management and Business Environment » Business Environment

Appeared in Year: 2012

Short Answer Question▾

Write in Short

At which level of management the managers are responsible for the welfare and survival of organization?

Question number: 40

» Management and Business Environment » Business Environment

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Neelabh is engaged in ‘Transport Business’ and transports fruits and vegetables to different states. Stating the reason in support of your answer, identify the working capital requirements of Neelabh. Neelabh also wants to expand and diversify his transport business, explain any two factors that will affect his fixed capital requirements.

Explanation

Neelabh is engaged in transport of fruits and vegetables; he needs low working capital because his business does not involve processing because its operating cycle is small. His business transaction takes place without any loss of time.

Factors are given below: -

(1) Available alternatives for financing: - If hired… (70 more words) …

Question number: 41

» Management and Business Environment » Business Environment

Short Answer Question▾

Write in Short

Rajat a Sales Manager achieved his sales target one month in advance. This achievement was displayed on the notice board and the CEO of the Company awarded a certificate for the best performance to him. Name the incentive provided to Rajat.

Question number: 42

» Management and Business Environment » Business Environment

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Consumer products are classified on different basis. ‘Shopping Efforts Involved’ is one of them. Explain any three types of products in this category.

Explanation

‘Shopping Efforts Involved’ three types of products in this category given below

(1) Convenience products: - Convenience products refers to products that are purchased frequently and available easily and conveniently located in neighborhood.

Following are characteristics of convenience products.

  • They are available at conveniently located shops.
  • They are consumed and… (164 more words) …

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