Case Studies - (Chapter- 3) Business Environment , BST Class 12
Case Studies - (Chapter- 3) Environment Q. 1. Mr. Ajay after completing MBA from USA comes to India to start a new business under the banner Ecom Creations Ltd. He launches a new product in a e-learning for senior Secondary School students in Commerce stream, which already has n established market in UK and USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also. Identify and quote the lines from above para which highlight the significance of understanding business environment. (4 marks) Ans. ● “Comes to India to start a new business … launches a new product in e-learning for Senior secondary school students in Commerce stream.” 1. It helps in assisting in planning and policy formulation. 2. It helps the firm to identify opportunities and get the first mover advantage. ● “His business starts flourishing in India.” 1. It helps in improving performance. ● “Now more Indian companies entere
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