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
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).
Important Questions from Business Environment
- The sum total of all individuals, institutions and other forces that are outside the control of a business firm, but that may affect its performance is known as:
- Which of the following is related to economic dimension of business environment?
Match List-I with List-II
List-I List-II Business Environment Dimension (A) Economic (I) KYC compliance is mandatory in mutual funds investment (B) Social (II) Construction companies prefer low longer-term interest rates (C) Legal (III) The government maintains general stability and peace in the country (D) Political (IV) Rise in demand for goods during festivals
Choose the correct answer from the options given below:- 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 : Which of the following is NOT the feature of business environment?
