Business studies

A major decision area under one of the functions of marketing is the decision regarding marketing intermediaries to be used. Name the function.

The court passed an order that all schools must have water purifier for the school children. Identify the dimension of the business environment highlighted in this statement.

For Covid-19 different vaccines are developed by the Indian and foreign companies such as covishield, covaxin, moderna, pfizer etc. Identify the dimension of the business environment highlighted in this statement.

It may be difficult to know the extent of the relative impact of the social, economical , political legal and technological factors on change in demand for product in the market. Identify the relevant feature of business environment being discussed above.

It is interesting to know that the menu items of the multinational food chains are customized to suit the general palates of the local people in the region. When McDonald‘s started its business in India in the year 1996, the company went through a complete Localisation strategy. McDonald‘s changed its product menu to accommodate the vegetable burger given the large vegetarian population. It also altered its store design and even reduced the product price by close to fifteen per cent. Also, the ―McAloo Tikki burger‖ is not available anywhere but in the Indian outlets of McDonalds. Identify the relevant feature of business environment being discussed above.

€�Mamta Rice Food Ltd‘ is a well know rice producing company. The sales have been falling down from the beginning of the year. The managing director Mr. Bhuvan is worried about this situation. With a view to find out the solution of this problem he made a team to find out the reasons for downfall of sales. The team conducted the survey and found that, due to availability of other eatable substitute the taste of people is diverted from rice. Identify the dimension of Business Environment discussed in the above case

Taylor believed that there was only one best method to maximise efficiency. This method can be developed through study and analysis. Identify the Principle of Scientific Management being discussed above:

Availability and affordability of the product were considered to be the key to the success of a firm.” Identify the concept of marketing management highlighted by this statement.

Aiming to revive Jammu and Kashmir’s attraction as a top location for film shooting the J&K film policy, 2021 offers a host of incentives to the film makers, such as subsidies and low long-term interest rates, for films with patriotic and certain otherthemes shot in J&K, for giving work opportunities to local artistes, etc. This will have an impact on business enterprises in the state. Which component of business environment is highlighted above:

The CEO of Radhe Cycles Pvt Ltd. Mr. Kumar wants to get maximum output from the employees at a competitive cost. On the other hand Ramakaant, an employee of the company wants to get the maximum salary while working the least. The Principle of management given by Fayol being violated by Ramakaant is __________.