Question

6. 'Yummy began its business by offering the classic combo of hamburgers and fries. But
over time, their customers wanted healthier foods, so `Yummy' responded and began
offering healthy alternatives such as salads, fruits, wraps and oatmeal. If 'Yummy' hadn't
responded, they may have lost customers that wanted to eat healthier foods. The above case
highlights one of the points related to the importance of the business environment and its
understanding by managers. Identify it.
(a) It helps in coping with rapid changes.
(b) It helps in improving performance.
() It helps the firm to identify threats and early warning signals.
(d) It enables the firm to identify opportunities and get the first mover advantage.
7. The Bihar government has developed surveillance networks using the latest satellite
technology. Under this system, the state's mining department would be in a position to
check illegal mining activities across the state. The state government is also considering the
use of drones in its proposed campaign against illegal mining. Identify the related
dimensions of the business environment.
(a) Economic dimension and Legal dimension
(b) Social dimension and Economic dimension
(c) Technological dimension and Political dimension
(d) Political dimension and Economic dimension
8. When the deviations between the actual performance and the planned performance are
within the limits
(a) A limited corrective action is required
(b) No corrective action is required
(c) A major corrective action is required
(d) None of the above
9. Which of the following is not a single use plan?
(a) Budget

Answer 1

Answer:

The answers are as follows

6-a,

7-c

8-b