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Problem:
(a) Define ‘Business Environment'.
(b) Briefly distinguish between internal and external environments of business.
(c) Discuss on the key components of the general environment of business.
(d) Analyse the difference between ‘micro/operating environment and ‘macro/general environment'.
Probelm 2:
"Doing business today is radically different from what it was just 20 years ago. To be effective in this rapidly moving and ever-changing environment, organisations need to do things better, faster and meet the increasing demands of their customers".
Discuss on the factors that are considered to be crucial for an organisation's survival in the 21st Century.
Stakeholders have various interests or ‘stakes’ in a project. How can you find out where to put your management effort? Preferably, all stakeholders will have closely same crit
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What is the difference between real and nominal Gross Domestic Product? National Income consists of a price and a quantity element. When the price level doubled along with simi
A. The correct duopolistic firm equilibrium o/p and price B. Equilibrium profit
This is concerned with any one of the following forms. controlling the supply of money controlling interest rates Rationing the amount of credit granted by banks
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Write a book review of a book of your choice (chosen from the list of course reference literature) by either Joseph A. Schumpeter or Israel Kirzner about entrepreneurship and macro
Why do countries trade? International trade is the swap of goods and services among countries. Trade enhances consumer choice and complete welfare. Various countries have v
Discuss how income flows in governed economy
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