12th Standard Syllabus & Materials
12th Standard
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NEW12th Standard
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NEW12th Standard
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NEW12th Standard
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NEW12th Standard
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NEW12th Standard
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Published on: 28/09/2019
Environmental Factors
Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
What is external environment?
2.
What is mixed economy?
3.
Expand VUCA.
4.
What is GST?
5.
What is internal environment?
6.
Define Business environment.
1.
External environment refers to those factors outside the business These factors by and large are beyond the control of a business and hence uncontrollable.
e.g economic, political and socio-cultural factors.
2.
(i) Mixed economy is a combination of both state owned and private sector ownership.
(ii) The economic policies of a nation Monetary policy, fiscal policy, Export import policy, Industrial policy Trade policy, Foreign exchange policy etc are part of the economic environment.
3.
V- Volatility , U-Uncertainly
C-Complexity, A - Ambiguity
4.
1. GST is the indirect tax levied on goods and services across the country.
2. It is a comprehensive, multi-stage, destination based tax that is levied on every value addition.
5.
1. Internal environment refers to those factors within an organisation e.g Policies, Programmes, Organisational structure, employees, financial and physical resources.
2. These factors can be changed or altered and hence are known as controllable factors.
6.
According to Bayard O Wheeler Business environment is "the total of all things external to firms and industries which affect their organisation and operations".
12th Standard Syllabus & Materials
12th Standard
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NEW12th Standard
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards