Economics and Business Environment B

According to the Corporate Social Responsibility (CSR), economic responsibility invloves
The responsibility of the business to strive for profits
The responsibility of the business to produce goods and services that the society needs and wants and to sell them at a fair price
The responsibility of the business to reduce unemployment in the community
The responsibility of the business to produce more goods and services to sell abroad
Which economic system falls between two of the available economic systems?
Communism
Mixed economy
Capitalism
Socialism
A recent cut in the interest on loans announced by the banks encouraged Amit, a science student of Progressive School, to take a loan from State Bank of India to experiment and develop cars to be powered by fuel produced from garbage. He developed such a car and exhibited it in the Science Fair organized by the Directorate of Education. He was awarded the first prize for this invention. Identify and explain the dimensions of business environment discussed in the above case.
Economic environment and Technological environment
Only Economic environment
Only Technological Environment
None of the options
All of the options
Legal Environment and Social Environment
Post demonetization in a further push to cashless economy, the Central cabinet has recently approved the ordinance for paying wages via electronic means. Accordingly, the government approved to Amended Section 6 of the Payment of Wages Act 1936, to allow employers of certain industries to make payment through the electronics modes and cheques. The new ordinance will be applicable to the public sector. Identify the various dimensions of business environment which relate to the above mentioned case.
Political Environment
Legal Environment
Technological Environment
All of the options
This management task involves performance reviews
Planning
Controlling
Motivating
Leading
Organising
These skills are needed to manage change and diversity in a workplace
Human Skills
Technical Skills
Conceptual skills
Suhasini a home science graduate from a reputed a college has recently done a cookery course. She wished to start her own venture with a goal to provide ‘healthy food’ at reasonable price . She discussed her idea with her teacher [mentor] who encouraged her . After anaylizing various options for starting her business venture, they shortlisted options Readymade and to make vegetable shakes sattu milk shakes .Then they both weighed the pros and cons of both the shortlisted options.
Planning
Leading
Organising
Motivating
Controlling
Strategic goals are set by first line managers
True
False
When an order comes from the CEO directly to the production employees, it indicates a(an)
Functional organisational structure
Team organisationalstructure
Matrix Organisational structure
Line organisational structure
If Vodacom conducts online interviews via Microsoft app, this shows that Vodacom follows a
Divisional organisation structure
Network organisational sturcture
Matrix organisational structure
Line and staff organisational structure
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