Case Studies on Business Studies Class 12 Chapter 3 Business Environment

BUSINESS ENVIRONMENT

1. After winning the election, Prime Minister Mr. Narendra Modi launched a campaign of ‘Swachh Bharat’ and invited various celebrities to be a part of this Abhiyaan. This spread awareness among the people in society and in general, people started becoming more careful and aware about the cleanliness around their area. To continue its impact, a new service tax for Swacch Bharat was also started. The government is planning to import new and better technology to adopt new methods of treating the garbage and waste.

1. State various dimensions of business environment mentioned in the above para quoting the lines from the above para.

2. Also list the components which are included in those dimensions. 

2. Two big banner movies were scheduled to be released on the same date. On the last movement release of one of the movies had to be postponed due to opposition of a group of people due to some unethical contents related to their religion was shown in that movie. The other movie released on time and made huge profits as there was no competition and movie which was postponed suffered loss.

1. Which feature of business environment is highlighted above?

2. Identify the dimension of business environment which delayed the release of movie.

3. One of the corporate giant is facing a lot of criticism due to different behavior and attitude towards workers on the basis of their caste, sex and religion.

1. Which objective of management is not followed here?

2. Which dimension of business environment is mentioned here?

3. Identify the principle of management not followed here.

4. Most of the foreign food chains operating in India changed their menu as per the requirements of Indian taste, food habits and preferences.

1. Which feature of management is highlighted?

2. Identify the dimension of business environment followed by foreign food chains.

5. Recently the design of business studies question paper has been changed by CBSE. In order to get advantage out of the same, Arya Book Depot immediately published a book containing questions as per the changed pattern and design. State the importance of business environment being used by publisher.

6. Lately many companies have planned for significant investment in organized retailing in India. Several factors have prompted their decisions in this regard.

Customer income is rising. People have developed a taste for better quality products even though they may have to pay more. The aspiration levels have increased. The

Government has also liberalized its economic policies in this regard and permitted even cent percent foreign direct investment in some sectors of retailing.

1. Identify changes in business environment under different heads—economic, social, technological, political and legal that have facilitated the companies decisions to plan significant investments in organized retailing.

2. What has been the impact of these changes with regard to globalization and Privatization? State any two such impacts.

7. Identify the type or dimension of business environment to which the following are related:

1. Bank reducing interest rates on housing loans.

2.  An increasing number of working women.

3.  Booking of railway reservation tickets through internet.

4. Alcohol beverages are prohibited to be advertised on ‘Doordarshan’ 

5. Increase in use of mobile phones and I pods instead of pagers and radio.

6. Increase in demand for home loan due to attractive interest rates.    

  

8. Bani, after completing her MBA, took up a job with a MNC named ‘Fortio’. The company was paying good salary and perks to its employees. The wages were within the paying capacity of the company that provided the employees a reasonable standard of living. The company also had a good work culture. Bani was very happy in this organisation but due to long working hours she did not have time to cook her meal. She had to depend upon outside food which was deteriorating her health.

She observed that this problem was faced by many of her colleagues, not only in her company but also in many other companies. This was because of increase in the number of working women and non availability of hygienic home cooked food. She identified this as a great opportunity and decided to give up her job to supply packaged home cooked food to office goers at reasonable price. At the end of the day she was also distributing the leftover food in the nearby night shelters.

1. State the dimension of business environment being discussed above.

2. State the principle of management being followed by ‘Fortio’.

(CBSE 2015)

9. With change in consumption habits of people, Neelesh, who was running a sweets shop shifted to chocolate business. On the eve of Diwali he offered chocolates in attractive packages at reasonable prices. He anticipated huge demand and created a website chocolove.com for taking orders online. He got a lot of orders and earned huge profit by selling chocolates.

Identify and explain the dimensions of business environment discussed in the above case.

(CBSE 2016)

10. Nandrachal Networks Ltd is a leader in technology innovation in USA creating products and solutions for a connected world. While in search of markets abroad, the company found that in India, the reform process was underway with the aim of accelerating the pace of economic growth. The company decided to take advantage of the fact that licensing requirements had been abolished. The company was also aware that there had been increased level of interaction and interdependence among the various nations of the world and India could be made a base for its international trade. It set up its office in Gujarat with a view to capture the Indian market. In a short span of time, the company emerged as a market leader. Success of the company attracted many other players to enter the market. Competition resulted in reduction in prices, thereby benefitting the customers.

1. In the above paragraph, two major concepts related to the government policy have been discussed. Identify and explain those concepts.

2. Also, explain briefly any three impacts of those concepts on Indian business and industry.

(CBSE 2017)

11. ‘Konark Ltd.’ is electronic goods manufacturing enterprise situated in Shivpuri, Madhya Pradesh. It is earning very low revenue in comparison to a competing electronic goods manufacturing enterprise, ‘Nova Ltd.’ situated in Mumbai. Both Konark’s and Nova’s operations are affected directly by the investors, customers, competitors and suppliers, which are unique to their respective locations. In addition to this, individual firms of this field are affected indirectly by the factors like the money supply in the economy, composition of the families, technological changes etc.

1. Identify and state the feature of the concept discussed in the above paragraph.

2. Also, state any four points of importance of this concept.

(CBSE 2018)

12. India’s craft heritage is surviving because of its customs and traditions. Craft products made by craftsmen of Rajasthan, Gujarat, Assam etc are not only used in the country but are also exported to USA, Germany, UK, France and other countries of the world. The volume of exports of these products gives India an advantage in balance of payments and the much needed foreign exchange. The Prime Minister desires that the handicraft industry should be expanded by linking it with technology. Focus should be on changing the manufacturing process, ensuring durability and adopting innovations.

Quoting the lines from the above paragraph, explain any four dimensions of the business environment.                                           

 (CBSE 2019)