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Question : Case Study 11: Role of Government Schemes

A group of young entrepreneurs started a tech company with a vision to bridge the digital divide in rural areas. The government supported their initiative by providing financial assistance and incentives.

Question:

How did the government's financial assistance impact the tech company?

Option 1: It led to the closure of the company
    

Option 2: It increased competition from other tech firms
   

Option 3: It supported the company's initiative in rural areas

 

Option 4: It increased taxation for the company

Team Careers360 17th Jan, 2024

Correct Answer: It supported the company's initiative in rural areas

 


Solution : The correct answer is (c) It supported the company's initiative in rural areas

The government's financial assistance supported the tech company's initiative to bridge the digital divide in rural areas. This assistance likely played a crucial role in helping the company implement its vision and contribute to digital inclusion in rural regions.

12 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- How can PQR Enterprises adapt to the changes in government policies?
 

Option 1: By seeking government subsidies

Option 2: By finding alternative suppliers

Option 3: By implementing cost-cutting measures

 

Option 4: By diversifying into unrelated businessescu

Team Careers360 22nd Jan, 2024

Correct Answer: By finding alternative suppliers


Solution : The correct answer is (B) By finding alternative suppliers

Adapting to changes in government policies, particularly in the context of taxation, may involve finding alternative suppliers, optimizing the supply chain, or making adjustments to the procurement process to minimize the impact of the policy changes on the company's operations and profitability.

12 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- How can PQR Enterprises adapt to the changes in government policies?
 

Option 1: By seeking government subsidies

Option 2: By finding alternative suppliers

Option 3: By implementing cost-cutting measures

 

Option 4: By diversifying into unrelated businessescu

Team Careers360 18th Jan, 2024

Correct Answer: By finding alternative suppliers


Solution : The correct answer is (B) By finding alternative suppliers

Adapting to changes in government policies, particularly in the context of taxation, may involve finding alternative suppliers, optimizing the supply chain, or making adjustments to the procurement process to minimize the impact of the policy changes on the company's operations and profitability.

9 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- How can PQR Enterprises adapt to the changes in government policies?
 

Option 1: By seeking government subsidies

Option 2: By finding alternative suppliers

Option 3: By implementing cost-cutting measures

 

Option 4: By diversifying into unrelated businesses

Team Careers360 22nd Jan, 2024

Correct Answer: By finding alternative suppliers


Solution : The correct answer is (B) By finding alternative suppliers

Adapting to changes in government policies, particularly in the context of taxation, may involve finding alternative suppliers, optimizing the supply chain, or making adjustments to the procurement process to minimize the impact of the policy changes on the company's operations and profitability.

11 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- Which dimension of the business environment is highlighted in this case?
 

Option 1: Economic environment


 

 

Option 2: Social environment

Option 3: Technological environment

 

Option 4: Political environment

Team Careers360 7th Jan, 2024

Correct Answer: Political environment


Solution : The correct answer is (D) Political environment

The dimension of the business environment highlighted in this case is the political environment. The case involves changes in government policies related to taxation, which fall under the political environment. This dimension includes government regulations, policies, and political factors that can significantly impact businesses. 

7 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- What is the business environment factor affecting PQR Enterprises in this case?

Option 1: Economic environment
 

 

 

Option 2: Technological environment

Option 3: Government policies

 

Option 4: Social environment

Team Careers360 18th Jan, 2024

Correct Answer: Government policies

 


Solution : The correct answer is (C) Government policies

The business environment factor affecting PQR Enterprises in this case is government policies, particularly those related to taxation. Changes in government policies can have a significant impact on a business, and in this scenario, PQR Enterprises needs to adapt its operations to comply with these new policies and minimize the impact on its profitability.

12 Views

Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- Which dimension of the business environment is highlighted in this case?
 

Option 1: Economic environment


 

 

Option 2: Social environment

Option 3: Technological environment

 

Option 4: Political environment

Team Careers360 17th Jan, 2024

Correct Answer: Political environment


Solution : The correct answer is (D) Political environment

The dimension of the business environment highlighted in this case is the political environment. The case involves changes in government policies related to taxation, which fall under the political environment. This dimension includes government regulations, policies, and political factors that can significantly impact businesses. 

9 Views

Question : Case Study 11: Role of Government Schemes

A group of young entrepreneurs started a tech company with a vision to bridge the digital divide in rural areas. The government supported their initiative by providing financial assistance and incentives.

Question:

How did the government's financial assistance impact the tech company?

Option 1: It led to the closure of the company
    

Option 2: It increased competition from other tech firms
   

Option 3: It supported the company's initiative in rural areas

 

Option 4: It increased taxation for the company

Team Careers360 24th Jan, 2024

Correct Answer: It supported the company's initiative in rural areas

 


Solution : The correct answer is (c) It supported the company's initiative in rural areas

The government's financial assistance supported the tech company's initiative to bridge the digital divide in rural areas. This assistance likely played a crucial role in helping the company implement its vision and contribute to digital inclusion in rural regions.

8 Views

Question : Which objective of government budget is highlighted here?
The taxation and government spending helps to Set up production unit in the economically backward areas.
 

Option 1: Management of public enterprises
 

Option 2: Economic growth
 

Option 3: Reducing regional disparities
 

Option 4: Employment generation
 

Team Careers360 15th Jan, 2024

Correct Answer: Reducing regional disparities
 


Solution : Under Reducing regional disparities, the government aims to reduce such disparities with the help of setting up such industries in the economically backward areas. Taxation and expenditure policy helps to achieve this objective.
Hence Option C is correct.

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