Select the correct option and rewrite the sentence. 1) Business environment has tremendous impact on ____. 2) The new Industrial policy was formulated in ____. 3) Changes in ruling... Select the correct option and rewrite the sentence. 1) Business environment has tremendous impact on ____. 2) The new Industrial policy was formulated in ____. 3) Changes in ruling government is an aspect of ____ environment. 4) Literacy level is an aspect of ____ environment. 5) Privatization implies reduction in the role of ____ sector. 6) Globalization is concerned with ____ market. 7) ____ means linking national economy to the world economy. 8) Environment awareness provides ____ signal. Match the pairs from Group A and Group B.
Understand the Problem
The question is a multiple-choice exercise regarding business environment concepts and matching pairs related to globalization, privatization, and liberalization. It involves selecting correct options to fill in blanks and matching pairs from two groups.
Answer
1) business, 2) 1991, 3) political, 4) social, 5) public, 6) global, 7) Globalization, 8) warning.
- Business environment has tremendous impact on business. 2) The new Industrial policy was formulated in 1991. 3) Changes in ruling government is an aspect of political environment. 4) Literacy level is an aspect of social environment. 5) Privatization implies reduction in the role of public sector. 6) Globalization is concerned with global market. 7) Globalization means linking national economy to the world economy. 8) Environment awareness provides warning signal.
Answer for screen readers
- Business environment has tremendous impact on business. 2) The new Industrial policy was formulated in 1991. 3) Changes in ruling government is an aspect of political environment. 4) Literacy level is an aspect of social environment. 5) Privatization implies reduction in the role of public sector. 6) Globalization is concerned with global market. 7) Globalization means linking national economy to the world economy. 8) Environment awareness provides warning signal.
More Information
The new Industrial policy in India was formulated in 1991, marking significant economic reforms. Globalization focuses on integrating economies globally.
Tips
Avoid assuming the obvious choice without considering all options. Make sure to understand the context of each option.
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