Chapter 2 : Political Environment

Very Short Question Answer  1. Enlist the components of political environment. Political environment includes various components which are mentioned below: Political ideology Constitution Political parties  Government and its branches: Legislation, Executive & Judiciary  2.  What is political ideology? Political ideology may be defined as a set of ideas, principles, and philosophy. It offers some political […]

Chapter 1: Introduction to Business Environment

Very Short Questions Answers 1. Define business environment. Business environment is combination of all the factors that influence a business activity. It consists of the internal and external forces prevalent in the environment, which have a bearing on the development, performance and outcomes of a business organization. 2. Define task environment. Task environment refers to […]