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Questions and Answers
What is the main subject of ISC Commerce Class 12?
Which of the following subjects is a part of the ISC Commerce Class 12 curriculum?
Which of the following is NOT a subject covered in ISC Commerce Class 12?
What does SWOT analysis stand for?
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Which of the following is NOT a type of business environment?
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What is the main purpose of analyzing the business environment?
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What is the purpose of SWOT analysis in business?
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Which type of business environment includes factors like political, legal, and regulatory conditions?
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What does 'SWOT' stand for in SWOT analysis?
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Study Notes
ISC Commerce Class 12
- The main subject of ISC Commerce Class 12 is Commerce.
- The subjects that are part of the ISC Commerce Class 12 curriculum include:
- Accountancy
- Business Studies
- Economics
- Commerce
Business Environment
- The main purpose of analyzing the business environment is to identify opportunities and threats that may affect an organization's performance.
- A business environment includes factors like political, legal, and regulatory conditions, which is known as the External or Macro Environment.
SWOT Analysis
- SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats.
- The purpose of SWOT analysis in business is to identify and evaluate the internal strengths and weaknesses, as well as external opportunities and threats.
- SWOT analysis is used to develop a strategic plan for an organization.
Types of Business Environment
- There are two types of business environments: Internal (or Micro) Environment and External (or Macro) Environment.
- The External Environment includes factors like political, legal, and regulatory conditions.
- Natural Environment is not a type of business environment.
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Description
Test your knowledge of the subjects covered in ISC Commerce Class 12. Identify the subjects included and excluded from the curriculum.
