Question
Match items of List - I with List - II relating to macro environment of business and indicate the code of correct matching :List - I List - II (a) Economic environment (i) Etdical issues (b) Political and government environment (ii) Trade and transport policies (c) Socio - cultural environment (iii) Economic stratification of population (d) Demographic environment (iv) Judiciary powers
The correct answer is
(a)-(ii), (b)-(iv), (c)-(i), (d)-(iii)
Matching Macro Environment Factors
This section details the correct matching of items related to the business macro environment presented in List-I and List-II.
Understanding the Matches
- (a) Economic environment is correctly matched with (ii) Trade and transport policies. These policies are integral to economic management and significantly influence business activities and markets.
- (b) Political and government environment aligns with (iv) Judiciary powers. The powers and structure of the judiciary form a crucial part of the political landscape that shapes the legal framework for businesses.
- (c) Socio-cultural environment corresponds to (i) Ethical issues. Societal values, norms, and cultural beliefs heavily influence the ethical considerations and expectations placed upon businesses.
- (d) Demographic environment is matched with (iii) Economic stratification of population. This refers to the distribution of population segments based on economic status, a key aspect of demographic analysis affecting markets.
Correct Matching Code
Based on the explanations above, the correct pairings are:
- (a) – (ii)
- (b) – (iv)
- (c) – (i)
- (d) – (iii)
This corresponds to the code (a)-(ii), (b)-(iv), (c)-(i), (d)-(iii).
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Important Questions from Business Environment
- The Micro-Economic environment deals with the operations of the firm in __________.
- The environment that includes societal and structural system is
- As suggested by Miller, TOTE is the basic pattern for :
- Which of the following are "work-family conflict" faced by women?
a. Time based conflict
b. work conflict
c. Inter personal conflict
d. Behaviour based conflictChoose the correct answer from the options : - The terms related to System Approach are
I. Micro Environment
II. Metro Environment
III. Macro Environment
IV. Meso Environment
Codes :
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