NextQ215

State any four benefits of understanding the business environment relevant to an enterprise.

PESTEL FrameworkStudy Simplify SpecialPYQ3LQCase_Based
Question 214

Ankit is into the business of manufacturing low — cost diesel cars in Germany. He is earning good profits and ambitiously considering overseas expansion. He scans the environment for finding out the opportunities and threats that may influence his current and future plans. He zeroes down on India as a potential place for his business expansion as Indian Government has announced favourable trade regulations. On selling the first lot of cars were above the permissible limit. The government asked him to make necessary modifications in his cars if he wanted to continue business in India. He readily agreed to meet the emission norms set by the Indian Government.

(a) Quoting the lines from the above para identify any two environmental factors. (b) Also State any two values which Ankit tried to communicate to the Indian society.

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