CBSE Class 12 Business Studies Business Environment Worksheet Set 04

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 BUSINESS ENVIRONMENT
 
1 Business environment includes both specific and general forces. List any four specific forces
 
2 What is Business environment? 
 
3 “Nothing can be said with any amount of certainty about the factors of the business environment”. Why?
 
4 “The understanding of business environment helps the managers to identify threats”. What is meant by “threats” here?
 
5 Explain dynamic nature and uncertainty as features of business environment 
 
6 The court passed an order to ban polythene bags as
(i) These bags are creating many environmental problems which affect the life of people in general
(ii) Society in general is more concerned about the quality of life
(iii) The government decided to give subsidy to jute industry to promote this business
(iv) Innovative techniques are being developed to manufacture jute bags at low rates
(v) Incomes are rising and people can afford to buy these bags.
Identify the different dimensions of business environment by quoting the lines from the above particulars.
 
7 State the necessary points which clarify how understanding of business environment helps the managers.
 
8 Management of every enterprise can be benefitted from being aware of different dimensions of business environment. Explain any four such dimensions.
 
9 The Indian corporate sector has come face to face with several challenges due to government policy change. Explain the challenges.
 
10 Explain any five economic changes that have been initiated by the Government of India since 1991.
 
11 Lately many companies have planned for significant investment in organized retailing in India. Several factors have prompted their decision 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.
a) Identify changes in business environment under different dimensions that have facilitated the companies’ decisions to plan significant investments in organized retailing.
b) What has been the impact of these changes with regard to globalization and privatization?
 
12 What are the essential features of Liberalization, Privatization and Globalization? 
 
13 Explain the meaning and features of Demonetization in India. 
 
14 Which of the following is an example of social environment?
a) Money supply in the economy
b) Consumer Protection Act
c) The Constitution of the country
d) Composition of family
 
15 Give any two examples of the impact on business organizations due to change in economic environment.
 
16 Clarify “warning signal” as an importance of Business Environment. 
 
17 How “ first mover advantage” is made available by the business environment with an example
 
18 Explain the features of business environment. 
 
19 Environment provides both constraints and Opportunities. Comment 
 
20 The automobile industry starts producing vehicles which consume less petrol in view of the ever increasing prices of petrol:
(i) Which component of business environment is related with that condition?
(ii) Which values are satisfied in the above case?


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Exam Preparation Worksheet for Class 12 Business Studies Chapter 3 Business Environment

Download Practice Sheet: Chapter 3 Business Environment (Class 12 Business Studies)

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Are these Business Studies Class 12 worksheets based on the 2026-27 competency-based pattern?

Yes, our CBSE Class 12 Business Studies Business Environment Worksheet Set 04 includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

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Yes, we have provided detailed solutions for CBSE Class 12 Business Studies Business Environment Worksheet Set 04 to help Class 12 and follow the official CBSE marking scheme.

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Daily practice with these Business Studies worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 12 students get more marks in CBSE exams.

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