Business Environment – Economics

7

Business Environment – Economics

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Which of the following is not covered by the organization's Internal Environment

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The matters relating to creating close linkages and letter communication with customers, suppliers and alliance partners given in a mission/ vision • Statement are

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Legislature, executive and the judiciary comes under the

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…………….. means the flexibility and adaptability of law and other legal rule governing the business

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Financial Factors, Human Resource, Marketing Resource and Miscellaneous Factors are________ Factors.

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Micro Environment is also known as

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Micro and Macro Environment is the part of …………….. .

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A Business has absolute control on the …………….. .

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13. Which of the following is a type of economic system ?

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Change in technology, economic conditions, political and legal factors are …………….. factors.

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…………….. factors affects the economy as a whole and are not particular to any organization.

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Macro environment is also known as :

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Micro environmental factors can be described as …………….. close to a business that have a direct impact on its strategy.

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Micro factors are the factors that are in the company’s immediate environment.

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…………….. is a type of external environment.

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Environment factors which are within the control of business are known as:

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Internal business environment does not include:

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Types of Business Environment includes the following:

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Features of business environment does not include:

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Modern business is ……………..

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Profit is the only objective of all business firms

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