Business Environment – Economics


Business Environment – Economics

1 / 21

What significant impact do rankings for the ease of doing business have on countries?

2 / 21

What is the main goal of the “Make in India” campaign regarding business in India?

3 / 21

Why is maintaining a positive relationship with the media essential for businesses?

4 / 21

Which of the following is NOT a component of the micro environment for a business?

5 / 21

In the context of the business environment, what is the role of the environmental environment?

6 / 21

What is the primary role of judicial decisions in influencing business activities?

7 / 21

 Why is the legal environment important for businesses?

8 / 21

What key factors are included in the technological environment?

9 / 21

Which component of the external business environment primarily deals with societal elements, including norms, values, and beliefs?

10 / 21

 What impact does the political environment have on businesses and their strategies?

11 / 21

 In the context of business, who is considered the most important microeconomic factor?

12 / 21

Which component of business environment requires that advertisements of baby food must necessarily inform potential buyers that mother’s milk is the best?

13 / 21

What does the acronym “PESTLE” represent, as mentioned in the text?

14 / 21

Which of the following is NOT one of the dimensions of business environment identified in the text?

15 / 21

What is the significance of the improvement in India’s recovery rate under resolving insolvency, as mentioned in the text?

16 / 21

According to the case study, what resources are made readily available to the relationship managers to enhance their performance?

17 / 21

In the context of the provided case study, what concept is reflected in the statement, “He has created an internal environment which is conducive to effective and efficient performance of his team”?

18 / 21

What does the State/Union Goods and Services Tax (SGST/UTGST) aim to achieve?

19 / 21

 Which factor is NOT a focus area of the exercise for improving the business regulatory environment in India?

20 / 21

What is the objective of the Business Reforms Action Plan (BRAP) in India?

21 / 21

Which initiative contributed to India’s improved ranking in the World Bank’s Ease of Doing Business Index?

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