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question_answer1) Direction (1-5): There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] Manufacturers have now flexible manufacturing systems. Reason [R] Agricultural and industrial production trends are the economic dimensions of the environment which affect the business environment.
question_answer2) Assertion [A] Demand for sarees may be fairly high in India whereas it may be almost non-existent in France. Reason [R] Business environment consists of numerous inter-related and dynamic conditions of forces which arise from different sources.
question_answer3) Assertion [A] Turbulent market conditions, less brand loyalty, division and sub division of market are just a few of the images to describe business environment. Reason [R] Business environment is getting dynamic where changes are taking place at a slow pace.
question_answer4) Assertion [A] Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations. Reason [R] Business environment assist in planning and policy formulation.
question_answer5) Assertion [A] Reservation of jobs for backward classes as per the constitution of India affects the business environment. Reason [R] Various elements of legal dimension affect the business environment.
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