Page 302 - DMGT401Business Environment

Unit 14: Changes in Business Environment

7. Do social issues come under the purview of technological growth? How? Notes
8. Only those companies that keep their eyes and ear open are able to survive. Comment.
9. Discuss the role of technology in growth of Indian economy.
10. "People around the globe are more connected with each other than ever before." Discuss.

11. Discuss the idea behind rationalised production. Give suitable examples to support your
answer.
12. When and why do concepts of standardization and customization work for certain products?

13. Why do organizations have to choose a trade off between standardization and product
adaptation?
14. Discuss the importance of HR in growing world economy.

Answers: Self Assessment

1. False 2. True

3. False 4. True
5. False 6. False
7. True 8. True

9. True 10. False
11. Japan 12. Vertical Integration
13. Rationalised 14. Apsara
15. Innovation

14.7 Further Readings

Books Paul Justin, Business Environment: Text and Cases, Tata McGraw Hill, New Delhi

Saleem Sheikh, Business Environment, Pearson Education, New Delhi
Vivek Mittal, Business Environment, Excel Books, New Delhi

Online links globalisation-and-the-environment.blogspot.com

www.businessweek.com/technology
www.innovationtools.com
www.legalserviceindia.com/articles/glob_is.htm
www.ncrel.org/sdrs/areas/issues/methods/.../te4lk7

www.technologyreview.com

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