Question

As a result of the decision by Britian to exit to European Union the new trade agreements will
come into force from the EU as it accounts for 35-40% of auto component exports from India.
Tata Motors owned Britain’s largest carmaker Jaguar Land Rover (JLR) has been in Britain for
three decades and makes 4,75,000 cars a year in the country of which most of them are exported
inside the European Union and beyond. JLR estimates that their annual profit could be cut by
one billion pounds ($1.47 billion) by the year 2020.
In the context of the above case:
1. Explain why are all the elements of business environment considered to be closely
interrelated?

Answer 1

Explanation:

As a result of the decision by Britian to exit to European Union the new trade agreements will

come into force from the EU as it accounts for 35-40% of auto component exports from India.

Tata Motors owned Britain’s largest carmaker Jaguar Land Rover (JLR) has been in Britain for

three decades and makes 4,75,000 cars a year in the country of which most of them are exported

inside the European Union and beyond. JLR estimates that their annual profit could be cut by

one billion pounds ($1.47 billion) by the year 2020.

In the context of the above case:

1. Explain why are all the elements of business environment considered to be closely

interrelated?

Answer 2

Answer:

To solve the given problem, let us divide the given figure into two rectangles ABFE and GFDC.

Now, as we know,

Area of a rectangle = l x b, here l = length and b = breadth

In rectangle ABFE, lengths (AB = FE) = 18 cm and breadths (AE = BF) = 16 cm

Thus, area of rectangle ABFE = (18 x 16) = 288 cm2

Similarly, in rectangle GFDC, lengths (GF = DC) = 14 cm and breadths (GD = FC) = 8 cm

Thus, area of rectangle GDFC = (14 x 8) = 112 cm2

Since, area of polygon ABCDE = area of rectangle ABFE + area of rectangle GDFC

= (288 + 112) cm2

= 400 cm2