Question

Identify the dimension of business environment in the following statements :

(i) It is not advisable to open a luxury car showroom in the middle of an economy where percapita income is very low.

(ii)A software is in high demand among the industrial buyers as it can connect all the branches
of a company as a single integrated unit.

(iii) At the time of holi a large number of manufacturing companies get involved in makingcolours which are used in the celebration of this colourful festival,

(iv) With the election of a new government the sensex drops by 1100 points.

(v) A particular news channel refrains from showing the advertisement of a particular product as it is banned by the government.​

Answer 1

Answer:(i) economic environment(ii) technological environment(iii) social environment(iv) political environment(v) legal environment

Answer 2

• Buisness Environment:

It is defined as the total sum of all things external to firm and which effect the industries & organisation.

Examples - consumer, retailer client ,owner , employees, supplier ,etc.

• There are five types of dimensions of Business Environment:

1. Economical Environment
2. Social Environment
3. Political Environment
4. Legal Environment
5. Technological Environment

Answer of the following statements:

1. Economical Environment dimension for the given statement - It is not advisable to open a luxury car showroom in the middle of an economy where percapita income is very low.
2. Technologies Environment dimension for the given statement- A software is in high demand among the industrial buyers as it can connect all the branches of a company as a single integrated unit.
3. Social Environment dimension for the given statement- At the time of holi a large number of manufacturing companies get involved in making colours which are used in the celebration of this colourful festival.
4. Political Environment dimension for the given statement- With the election of a new government the sensex drops by 1100 points.
5. Legal Environment dimension for the given statement- A particular news channel refrains from showing the advertisement of a particular product as it is banned by the government.

Project code #SPJ2

https://brainly.in/question/49136559?referrer=searchResults