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Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.?
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Dentify the dimension of business environment relating to the the stat...
Dimension of Business Environment
The business environment is a set of all external and internal factors that affect the functioning of an organization. There are various dimensions of the business environment that an organization needs to consider. Let's identify the dimensions of business environment relating to the given statements.
A) Social Dimension
- The increasing interest of urban people in health and fitness is a social dimension of the business environment.
- This dimension includes the cultural and social values, norms, beliefs, trends, and customs of the society in which the organization operates.
- The organizations need to understand the changing social trends and values of the consumers to cater to their needs and demands.
B) Economic Dimension
- The increasing income of people and their demand for certain commodities is an economic dimension of the business environment.
- This dimension includes the economic factors like inflation rate, tax policies, economic growth, income distribution, etc.
- The organizations need to consider the economic factors while making business decisions like pricing, production, and marketing.
C) Legal Dimension
- Discrimination in the remuneration of men and women doing similar types of work is a legal dimension of the business environment.
- This dimension includes the laws and regulations of the government that affect the functioning of the organizations.
- The organizations need to comply with the legal requirements and ensure that they do not violate any laws related to employment, environment, safety, and consumer protection.
In conclusion, the business environment is a complex and dynamic system that organizations need to understand to survive and grow. By identifying and analyzing the dimensions of the business environment, the organizations can make informed decisions and adapt to the changing environment.
The business environment is a set of all external and internal factors that affect the functioning of an organization. There are various dimensions of the business environment that an organization needs to consider. Let's identify the dimensions of business environment relating to the given statements.
A) Social Dimension
- The increasing interest of urban people in health and fitness is a social dimension of the business environment.
- This dimension includes the cultural and social values, norms, beliefs, trends, and customs of the society in which the organization operates.
- The organizations need to understand the changing social trends and values of the consumers to cater to their needs and demands.
B) Economic Dimension
- The increasing income of people and their demand for certain commodities is an economic dimension of the business environment.
- This dimension includes the economic factors like inflation rate, tax policies, economic growth, income distribution, etc.
- The organizations need to consider the economic factors while making business decisions like pricing, production, and marketing.
C) Legal Dimension
- Discrimination in the remuneration of men and women doing similar types of work is a legal dimension of the business environment.
- This dimension includes the laws and regulations of the government that affect the functioning of the organizations.
- The organizations need to comply with the legal requirements and ensure that they do not violate any laws related to employment, environment, safety, and consumer protection.
In conclusion, the business environment is a complex and dynamic system that organizations need to understand to survive and grow. By identifying and analyzing the dimensions of the business environment, the organizations can make informed decisions and adapt to the changing environment.
Community Answer
Dentify the dimension of business environment relating to the the stat...
A. social
b. economic environment
c. social
b. economic environment
c. social
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Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.?
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Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.?.
Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Dentify the dimension of business environment relating to the the statements given below A) the increasing interest of the urban people in health and fitness. B) with the increasing in the income of the people the increase in their demand of certain commodities. C) discrimination in the remuneration of men and women doing the similar type of work.?.
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