Organizations Rely Heavily On The ______ Environment To Provide The Raw Materials Needed To Produce Products.

Organizations Rely Heavily On The ______ Environment To Provide The Raw Materials Needed To Produce Products. A. economic B. natural C. legal D. demographic

Answer of MCQ | What is Natural Environment?

The correct option of this multiple choice question (mcq) is B as Natural Environment includes both living and non-living things such as land air, water, oil, sunlight, soul, animals, plants, heat, etc., which are created by Allah (God) for the benefits of human beings. These are the natural resources (natural blessings) which directly and deeply affect all kinds of organization. Without natural resources, no organization can survive and functional. A company needs natural resources to use them to make / produce products or outputs. For example, a manufacturing company uses raw material (wood) to convert it into useful thing (furniture e.g., chair, table, bed, etc.)

Importance of Natural Environment

1. Sources of Production

A manufacturing company need natural resources to produce goods to be sold to customers to gain profits and run the business successfully. If there is flood, then, it affects the supply of raw material and products which increases decreases the supply of raw material / products in the market and as a result the demand for goods or raw material increases in the market which increases their price. A management should take steps to survive in this situation by preserving sufficient raw material in safe place to avoid wastage of company’s resources.

2. Improvement In Technology

By using natural resources, a IT manufacturing company can make technology equipment such as computer, laptop, electronic machinery, etc., to use them to improve the working performance of the company to achieve goals. This technological equipment can also be sold to trading companies to use them to make its work effective.

3. Quality of Products

If the natural resources are not affected by pollution, disasters such as flood, storm, earthquake, etc., diseases, etc., then the quality of raw material or products is excellent, otherwise, the company suffers loses. For example, a vegetable company may face heavy losses due to storm occurred in its crops land and destroyed it completely. So, a company can gain lots of profits by selling quality products to customers, if the natural resources are not affected by disasters, floods, etc.

4. Provide Opportunities And Sources of Revenue

Due to natural environment, the company can explore many opportunities to gain competitive advantage over its competitors as company can purchase fertile land which is very suitable for cultivation and produce lots of vegetables through this land in order to sell to suppliers at profits and then suppliers to trading company which also get benefits during the process. Finally, the customers buy the vegetables from the trading company. During this process, companies get benefits by making profits by selling at large scale and customers get the products in exchange of money. During this process, lots of opportunities are created in the forms of labors’ work to cultivate crops on land, jobs for workers, employees, staff and for management work to manage the work efficiently and effectively to achieve organizational goals.

Many tourists visit to such natural places which provides opportunity to transport company and owner of land to earn money by transporting and showing such beautiful places of world created by Allah (God).

The other options (A, C and D) are incorrect choices of this mcq here.

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