Read the following statements and choose the correct option:
i. The macro environment includes political, economic, social, technological, legal, and environmental factors.
ii. The micro environment consists of customers, suppliers, competitors, and intermediaries.
iii. Macro environment factors can be directly controlled by the organization.
iv. Micro environment factors are completely uncontrollable by the organization.
Ai and ii
Bi, ii and iii
Cii, iii and iv
Di, iii and iv
Related Questions:
Assertion (A): The business environment is dynamic and requires constant analysis and adaptation by companies.
Reason (R): Technological changes, shifting consumer trends, and regulatory developments all contribute to environmental dynamism.
It has a Virtual Reality (VR) studio.
It includes a Laserium and musical fountain.
It runs a Biotechnology lab for research on tissue culture.
Which statements are correct?
Select the statements that accurately describe the business environment feature of complexity:
i. The business environment is simple and easy to analyze.
ii. Multiple interconnected factors make predicting future events difficult.
iii. Businesses need to be flexible due to the uncertainty and rapid changes in the environment.
Consider the following statements about Technopark:
Technopark provides an integrated IT environment with necessary infrastructure for technology companies.
All companies in Technopark must obtain every individual government clearance directly.
Technopark acts as a single-point contact for most GoI clearances for its resident companies.
Which statements are correct?
