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ENTREPRENEURSHIP

CLASS- XI

LESSON-10

CH-3: TOPIC – ENTREPRENEURSHIP JOURNEY

SUB-TOPIC: - OPPORTUNITY ASSESSMENT FACTORS- MICRO, MACRO AND
MARKET ENVIRONMENT

Home Assignment

OBJECTIVE QUESTIONS:

FILL IN THE BLANKS

(i) --------------- describes characteristics of technology in which business

firms operate.
(ii) ---------------- describes framework of laws and legislations within

which firms operate.
(iii) -------------- describes forces which have economic impact on
business.

(iv) -------------- describes nature of government intervention in business.
(v) --------------- describes the characteristics of the society in which

business firms operate.

MATCH THE FOLLOWINGS

(vi) Match the ‘Dimensions of Business Environment’ given under ’A’
with the suitable statements under ‘B’:

(A) (B)
(i) Legal (a) Includes the economic factors that can
Environment affect management practices in a business
enterprise.
(ii) Technological (b) Reflects specific attitudes that elected
Environment government representatives holds towards
business.