Question

27. Naman and Govind after finishing their graduation under vocational stream decided
to start their own travel agency which will book Rail Tickets and Air Tickets on
commission basis. They also thought of providing tickets within ten minutes through the
use of internet. They discussed the idea with their Professor Mr. Mehta who liked the
idea and suggested them to first analyse the business environment which consists of
investors, competitors and other forces like social, political etc. that may affect their
business directly or indirectly. He further told them about the technological
improvements and shifts in consumer preferences that were taking place and hence they
should be aware of the environmental trends and changes which may hinder their
business performance. He emphasised on making plans keeping in mind the threat posed
by the competitors, so that they can deal with the situation effectively. This alignment of
business operations with the business environment will result in better performance.
(a) Identify and state the component of business environment highlighted in the
above Para.
(b) State any two features of business environment as discussed by Professor
Mehta with Naman and Govind.​

Answer 1

Answer:

it is to much big?????????????????????