DAPZOI
Home Topics Quiz Login


Business Environment MCQ Questions & Answers

Business Environment MCQs : This section focuses on the "Business Environment". These Multiple Choice Questions (MCQs) should be practiced to improve the Business Environment skills required for various interviews (campus interview, walk-in interview, company interview), placement, entrance exam and other competitive examinations.




Question 1

Liberalization means

A. Free determination of interest rates
B. Liberating the industry, trade and economy from unwanted restrictions
C. Opening up of economy to the world by attaining international competitiveness
D. Reducing number of reserved industries from 17 to 8

View Answer

Question 2

When a company taken over another one and clearly becomes the new owner, the action is called

A. Acquisition
B. Merger
C. Strategic Alliance
D. None of the above

View Answer

Question 3

By which act does the government check restrictive trade?

A. MRTP Act
B. FEMA act
C. Industrial Policy Act 1991
D. None of these

View Answer

Question 4

Which among the following is not opened for private sector participation

A. Railways
B. Telecommunication sector
C. Education sector
D. Power sector

View Answer

Question 5

Which among these can be the condition for the success of privatisation?

A. Measurability of performance
B. Alternative institutional arrangements
C. Barriers to enter the market
D. All of the above

View Answer

Question 6

Which among these is monopolistic trade practice?

A. Manufacturing only one product
B. Selling only one product
C. Limiting technical Development
D. Unreasonably limiting competition

View Answer

Question 7

The Industrial policy resolution was passed first in

A. 1947
B. 1956
C. 1931
D. 1999

View Answer

Question 8

Globalisation is the term used to describe process of removal of restriction on

A. Investment
B. Foreign Trade
C. Both (A) and (B)
D. None of the above

View Answer

Question 9

Laissez Faire policy is adopted in

A. Socialist Economic system
B. Capitalist Economic system
C. Communist Economic System
D. Mixed Economic System

View Answer

Question 10

Which one is not the main objective of Fiscal Policy in India?

A. To promote employment opportunities
B. To minimize the inequalities of income and wealth
C. To promote price stability
D. To increase liquidity in economy

View Answer

Question 11

A company is affected by two broad set of factors are _________________

A. Local and regional
B. Regional and national
C. Internal and external
D. Financial and non-financial

View Answer

Question 12

________ is a statement which derives the role that an organization plays in a society

A. Goals
B. Mission
C. Objective
D. Success

View Answer

Question 13

Economic environment refers to all forces which have a _______impact on business

A. Political
B. Natural
C. Economic
D. Social

View Answer

Question 14

The ________ of the government covers all those principles ,policies,rules and proceduresand control the industrial enterprise of the economy.

A. Industrial
B. Fiscal
C. Monetary
D. Macro

View Answer

Question 15

________ environment is beyond the control of the business

A. Internal
B. External
C. Micro
D. Macro

View Answer

Question 16

Micro environment is also called as_______

A. General environment
B. Operating environment
C. Economic environment
D. Political environment

View Answer

Question 17

________________ environment can be defined as that part of the environment that isconcerned with the entire social system.

A. General environment
B. Operating environment
C. Social environment
D. Political environment

View Answer

Question 18

____________ economy is not owned or managed by the government but owned byprivate individuals.

A. Social
B. Capitalist
C. Mixed
D. Macro

View Answer

Question 19

__________ environment sets the basis for developmental activity of the business system.

A. Financial environment
B. Technology environment
C. Global environment
D. Macro environment

View Answer

Question 20

_____________ audit implies a report on the social performance of business unit.

A. Global
B. Local
C. Natural
D. Social

View Answer

Question 21

External factors affecting a business environment also be referred to ____factors

A. Controllable
B. Uncontrollable factors
C. Relevant
D. Global

View Answer

Question 22

Study of human population is called as _______ environment

A. Political
B. Social
C. Demographic
D. Economic

View Answer

Question 23

Which is not the part of compositional characteristics of population?

A. Size and growth
B. Power
C. Density
D. Literacy rate

View Answer

Question 24

Which is the one not included in national culture

A. Language
B. Internet
C. Belief
D. Attitude

View Answer

Question 25

Culture spreads from one place to another and such transmission is called as____

A. Difference
B. Reputation
C. Adoption
D. Heritage

View Answer

Question 26

Which of the following migration of population does not change the size of thepopulation?

A. External migration
B. Internal migration
C. International migration
D. National migration.

View Answer

Question 27

What is the main occupation of kshatriyas

A. Engaged in cleaning
B. Engaged in trade
C. Engaged in army work
D. None of the above

View Answer

Question 28

A systematic application of scientific knowledge to practical task is known as_

A. Technology
B. Culture
C. Demographic
D. Legal

View Answer

Question 29

Characteristic of population: calculation of sex ratio (Gender) means

A. Number of females per thousand male
B. Number of males per hundred female
C. Number of females per hundred male
D. Number of females per thousand male

View Answer

Question 30

As per Malthu’s theory growth of population is increase

A. Geometrically
B. Arithmetically
C. Progressively.
D. Drastically

View Answer

Question 31

Corporate values are the _______ of the corporate sector

A. Shared values
B. Moral beliefs
C. Customer satisfaction
D. Goodwill

View Answer

Question 32

The economic system in which business units or factors of production are privatelyowned and governed is called as _____

A. Capitalism
B. Socialism
C. Democratic
D. Republic

View Answer

Question 33

Under ____ economic system, all the economic activities of the country are controlledand regulated by the government in the interest of the Public

A. Capitalism
B. Socialism
C. Democratic
D. Republic

View Answer

Question 34

The economic system in which both public and private sectors co-exist is known as ____economy

A. Capitalism
B. Socialism
C. Democratic
D. Mixed

View Answer

Question 35

Policy regarding population is termed/called as

A. Indian Population policy
B. National population policy
C. Demographic population policy.
D. Population policy.

View Answer

Question 36

Fiscal policy refers to the policy of government regarding taxation, public expenditureand___

A. Public debt
B. Budgets
C. Policies
D. Deposits

View Answer

Question 37

________ is the process of analyzing the environment for the identification of the factorswhich have implication for the business.

A. Scanning
B. Assessment
C. Evaluation
D. Information

View Answer

Question 38

Fiscal policy is called as ________policy

A. Monetary
B. Budgetary
C. Industrial
D. Economic

View Answer

Question 39

One concept of culture determines the ____________ of people

A. Experience
B. Ethos
C. Education
D. Wealth

View Answer

Question 40

Self fulfillment and immediate gratification are ____________ cultural values

A. Decreases
B. Rises
C. Diminishes
D. Corporate

View Answer

Question 41

Which condition population remain stableI. High birthrate and high death rate II. Low birthrate and high death rate III. High birthrate and low death rate IV. Low birthrate and low death rate

A. I & III
B. I & IV
C. II & III
D. All of the above

View Answer

Question 42

________ is a very important factor that provides competitive advantage

A. Innovation
B. Modulation
C. Dimension
D. Variation

View Answer

Question 43

Which can be a method of privatization

A. Denationalization
B. Purchasing shares
C. Takeover
D. Merger

View Answer

Question 44

In india liberalization and privatization began from__

A. 1991
B. 1971
C. 1981
D. 1947

View Answer

Question 45

Industrial policy of 1948 aimed at ____

A. Industrialization
B. Growth of agriculture
C. Development of infrastructure
D. Development of service sector

View Answer

Question 46

The aim of the private sector is to maximize __________

A. Loss
B. Profit
C. Import
D. Export

View Answer

Question 47

Business are raising/generate fund through

A. Capital market
B. Money market
C. Both
D. None of the above

View Answer

Question 48

__________ means the proportion of a nation population living in urban areas.

A. Privatization
B. Globalization
C. Urbanization
D. Liberalization

View Answer

Question 49

________ change is a potent fame the reconfiguration of industrial boundaries

A. Technological
B. Economical
C. Organizational
D. Environmental

View Answer

Question 50

What was the period of the 12th five-year plan of India?

A. 2007 to 2012
B. 2012 to 2017
C. 2017 to 2022
D. 2010 to 2015

View Answer

Question 51

Corporate contribution to political parties are now been ____________ in our country

A. Legalized
B. Customized
C. Introduced
D. Authorized

View Answer

Question 52

Currently ________ is implemented by government in place of Five year plan.

A. Make in India
B. NITI aayog
C. Skill India
D. PM aayog

View Answer

Question 53

The _____________ is an introduction to the constitution and contains its basicphilosophy.

A. Preamble
B. Society
C. Process
D. Service

View Answer

Question 54

The term fraternity implies the spirit of _________________

A. Brotherhood
B. Judiciary
C. Justice
D. Value

View Answer

Question 55

________ signifies the absence of any arbitrary restraint on the freedom of individualaction and creations for the development of personality of The individual.

A. Fraternity
B. Liberty
C. Secularism
D. Socialism

View Answer

Question 56

Secularism is understood to mean according equal encouragement to all ________

A. Country
B. Ethics
C. Values
D. Religion

View Answer

Question 57

_______ state can have an elected or hereditary head

A. Democratic
B. Autocratic
C. Socialized
D. Republic

View Answer

Question 58

___________ is a systematic application of scientific or other organized knowledge topractical task.

A. Technology
B. Society
C. Demography
D. Responsibility

View Answer

Question 59

The era of deregulation liberalization begin in _

A. 1950 - 51
B. 1980-81
C. 1991-92
D. 1960-61

View Answer

Question 60

Identification of companies technological assets that may provide ___________ in newbusinesses

A. Opportunities
B. Development
C. Failure
D. Authority

View Answer

Question 61

Which one of the following is a part of economic environment?

A. Public debt
B. Lifestyle of people
C. Technological changes
D. Level of education

View Answer

Question 62

Proper understanding of business environment is not a prerequisite for

A. Tapping of useful resources.
B. Identification of opportunities and threats.
C. Formulation of strategies.
D. Better coordination of employee efforts.

View Answer

Question 63

Legal rules and regulations relevant to business are included in ____ environment ofbusiness.

A. Legal
B. Political
C. Economic
D. Technological

View Answer

Question 64

India is good example for ________economy

A. Socialist
B. Mixed
C. Capitalist
D. Communist

View Answer

Question 65

_______ are a primary mechanism for motivating business activities

A. Social relationship
B. Profit
C. Customers
D. Assets

View Answer

Question 66

According to whom, business environment is defined as total of all things external tofirms and industries which effect their organization and Operations

A. Arthur.m.welmer
B. John wick
C. Bayo
D. o.wheeler

View Answer

Question 67

Business includes ___

A. Non-economic activities
B. Economic activities
C. Social activities
D. Production activities

View Answer

Question 68

_______Is vast and fascinating subject for business

A. Technology
B. Profit making
C. Change
D. People

View Answer

Question 69

What is the single word that can best describe todays business

A. Technology
B. Profit making
C. Change
D. People

View Answer

Question 70

______ involves freedom of doing business.

A. Globalization
B. Privatization
C. Liberalization
D. None of the Above

View Answer

Question 71

Which of the following modern business is dynamic

A. Mass production
B. Mass marketing
C. Mass sales
D. Mass purchase

View Answer

Question 72

Which of the following is not an economic activity

A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket

View Answer

Question 73

A valid definition of a business purpose is to __

A. Create a customer
B. Maximize profits
C. Serve the society
D. Increase the wealth in the firm

View Answer

Question 74

The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year:

A. 1956
B. 1976
C. 1970
D. 1952

View Answer

Question 75

Which of the following is not a fundamental right in the Constitution of India?

A. Right to work
B. Right to Equality
C. Right to Education
D. Right against exploitation

View Answer

Question 76

____________ environment is very significantly influenced by the world tradeorganization principles and agreements.

A. Economic
B. Global
C. Legal
D. Political

View Answer

Question 77

Fundamental Rights have no value without__

A. Right to Freedom
B. Right to Freedom of Religion
C. Right to Constitutional Remedies
D. Right to Property

View Answer

Question 78

__________ feature of business environment states that various factors of businessenvironment affect each other.

A. Pervasive
B. Continuous
C. Dynamic
D. Interrelatedness

View Answer

Question 79

Competition is beneficial to the competing firms besides benefiting the ___

A. Producers
B. Intermediaries
C. Finances
D. Consumers

View Answer

Question 80

___________ is a short-term unsecured promissory note issued by reputed businessorganisations at a price lower than its face value and redeemable at par.

A. Treasury bill
B. Commercial paper
C. Certificate of deposit
D. Promissory note

View Answer

Question 81

________ is a source of financing to meet very short-term fund requirements ofcommercial banks with a provision of renewal.

A. Treasury Bill
B. Commercial Paper
C. Certificate of Deposit
D. Call Money

View Answer

Question 82

____________ is the market which helps existing investors to sell their securities.

A. Primary market
B. Secondary market
C. Capital market
D. Commodity market

View Answer

Question 83

____________ is the institution which provides a platform for trading of existingsecurities having long-term maturity.

A. SEBI
B. WTO
C. Stock exchange
D. RBI

View Answer

Question 84

_______is the primary motive for a business enterprise

A. Profit
B. Maximize customers
C. Human objective
D. Maximize suppliers

View Answer

Question 85

The following statement with respect to culture is false

A. Culture is enduring
B. Culture is changing
C. Culture is evolved among the members of a society
D. Culture is determined by national boundaries

View Answer

Question 86

________is the business through which new ideas and innovations are given a sharp andare converted into useful products and services

A. Market leadership
B. Challenge
C. Joy of creation
D. Growth

View Answer

Question 87

___________ is the integration of world economy into a single market through removalof trade barriers between countries.

A. Privatisation
B. Liberalisation
C. Globalisation
D. Both (a) and (b)

View Answer

Question 88

Liberalization means

A. Reducing number of reserved industries from 17 to 8
B. Liberating the industry, trade and economy from unwanted restrictions
C. Opening up of economy to the world by attaining international competitiveness
D. Free determination of interest rates

View Answer

Question 89

The short term financial instruments traded in money market is commonly called

A. Bonds
B. Shares
C. Notes
D. Commercial Papers

View Answer

Question 90

Macro environment is also known as ____

A. Direct environment
B. Indirect environment
C. Competitive environment
D. Social environment

View Answer

Question 91

_____ micro environment is also known as direct environment

A. Economic
B. Political & legal
C. Competitors
D. Suppliers

View Answer

Question 92

State directive principles are

A. Suggestion to direction
B. Instruments of instruction
C. Principles of instruction
D. Responsibility to state principles

View Answer

Question 93

The macro environment consists of ___

A. Economic political &legal
B. Consumer competitors
C. Public
D. Middlemen

View Answer

Question 94

What does micro environment consists of ___

A. Economic
B. Political &legal
C. Consumers competitors
D. Demographic

View Answer

Question 95

Who is responsible for presenting the Union Budget before the Parliament?

A. Prime Minister
B. RBI Governor
C. Finance Minister
D. None of the above

View Answer

Question 96

_______ refers to all forces which have an economic impact

A. Technological environment
B. Political environment
C. Economic environment
D. Social environment

View Answer

Question 97

Political environments refers to the influence excreted by the ______political institutions

A. 2
B. 3
C. 4
D. 5

View Answer

Question 98

What are the bodies which political environment consists of

A. Middlemen
B. Suppliers
C. Customer
D. Legislature executive & judiciary

View Answer

Question 99

_________ decides on a particular course of action

A. Legislature
B. Executive
C. Judiciary
D. Public

View Answer

Question 100

________is also called government which implements whatever is decided by theparliament

A. Legislature
B. Executive
C. Judiciary
D. Public

View Answer

Question 101

_______plays the watch dog in order to ensure that both function in public interest andwithin the boundaries of constitution

A. Legislature
B. Executive
C. Judiciary
D. Public

View Answer

Question 102

Headquarters of World Trade Organization at

A. Geneva
B. Japan
C. South Korea
D. Russia

View Answer

Question 103

Globalization does not involve.

A. Reduction of barrier
B. Free flow of goods and services.
C. Global mechanism for settlement of Economic disputes.
D. Free flow of Capital

View Answer

Question 104

________should facilitate & enhance strategies thinking in organization

A. Strategic management
B. Environmental analysis
C. Business environment
D. Business analysis

View Answer

Question 105

The environment analysis that provides inputs for strategies decision making is _

A. Strategic management
B. Environmental analysis
C. Business environment
D. Business analysis

View Answer

Question 106

The first MNC came to India in ___

A. 1920
B. 1921
C. 1919
D. 1923

View Answer

Question 107

An effective crisis management plan will __

A. Minimize the seriousness of the problem
B. Exaggerate minor incident
C. Use the internet to convey the public affairs message
D. Immediately apologize to the public and accept any liability

View Answer

Question 108

Economic growth can be measured by ___________

A. The cpi
B. The cbi
C. Gdp
D. Mpc

View Answer

Question 109

What was the predecessor of WTO?

A. GAAT
B. IMF
C. ADB
D. UNCTAD

View Answer

Question 110

A multi-national corporation (MNC) is defined by

A. Carrying out production in more than one country.
B. Having sales in more than one country.
C. Having a multi-ethnic workforce .
D. Having suppliers in more than one country.

View Answer

Question 111

When was the first Five year Plan?

A. 1950
B. 1951
C. 1952
D. 1953

View Answer

Question 112

________ identifies the early signals of possible environment changes

A. Scanning
B. Monitoring
C. Forecasting
D. Assessing

View Answer

Question 113

The environmental factor that includes peoples attitude to family, religion etc is

A. Cultural.
B. Economic.
C. Socio- cultural.
D. Political.

View Answer

Question 114

________ is concerned with developing projection of direction, scope, speed & intensityof environmental change

A. Scanning
B. Monitoring
C. Forecasting
D. Assessing

View Answer

Question 115

For the society, religion has no influence on.

A. Holidays
B. Language
C. Role of women
D. Marketing Practices

View Answer

Question 116

Social Stratification is done on the basis of

A. Income level
B. Caste
C. Education
D. All of the Above

View Answer

Question 117

The following factors are key drivers of globalisation

A. Government action, exchange rates, competition and sociodemographic factors.
B. Market convergence, competition, exchange rates and cost advantages.
C. Cost advantages, government action, economic cycles and competition.
D. Market, cost, competition and government policies.

View Answer

Question 118

Export control refers to restrictions on

A. Domestic firms from engaging in exports.
B. Items that can be exported from the country.
C. Foreign countries exporting to the country.
D. Domestic firms engaging in trade with nation.

View Answer

Question 119

Which of the following is not an essential feature of social environment?

A. Competitiveness
B. Respect for the individual
C. Better quality of life
D. Bailment

View Answer

Question 120

Technological environment consist of

A. Proves cause and effect relationship
B. Creation of Knowledge and its application
C. Finding facts and maintenance
D. Management of technology

View Answer

Question 121

________environment refers to all economic factors which have a bearing on thefunctioning of a business

A. Economic
B. Technological
C. Natural
D. Social

View Answer

Question 122

Free trade is based on the principle of ___

A. Comparative advantage
B. Comparative scale
C. Economies of advantage
D. Production possibility advantage

View Answer

Question 123

Establishment Year of International Monetary Fund.

A. 1945
B. 1935
C. 1845
D. 2005

View Answer

Question 124

The second five year plan was given during 1956 regarding _

A. Legal planning
B. Soviet planning
C. Government planning
D. Agricultural planning

View Answer

Question 125

The operating risk in the host country does not include the risk of

A. Change in government policies.
B. Exchange control.
C. Price controls.
D. Sanctions.

View Answer

Question 126

The legal system in India is based on

A. Common law.
B. Civil law.
C. Theocratic law.
D. Hindu law.

View Answer

Question 127

The objectives of import duty is/are

A. To raise income for the government.
B. To restrict imports.
C. To encourage exports.
D. To raise income and restrict imports.

View Answer

Question 128

The following is not a feature of globalisation

A. Similar strategies are adopted by a firm in all markets.
B. Only multinational firms engage in international business.
C. The convergence of ideas and culture.
D. Obliteration of national boundaries.

View Answer

Question 129

WTO aims at:

A. Establishing rules for domestic trade
B. Restricting trade practices
C. Liberalising international trade
D. None of these

View Answer

Question 130

Which of the following is not a business opportunity generated by Globalisation ?

A. Access to low cost labour
B. Cheap International Transport
C. Currency Crisis
D. Less stringent regulations of the Business Environment

View Answer

Question 131

World Bank has cleared a loan to aid which Indian mission?

A. Start up India
B. Stand up India
C. Skill India
D. None of the above

View Answer

Question 132

Which of the following institutions cannot be included in the international financial andmonetary system?

A. World Bank
B. WTO
C. Bank for International Settlements
D. IMF

View Answer

Question 133

Goals of World bank includes

A. Promotion of foreign investment
B. Promotion of international trade
C. Facilitation of capital investment
D. All of the Above

View Answer

Question 134

Which is not the member of World bank Group

A. International monetory fund
B. International finance corporation
C. International development Association
D. International bank for development and reconstruction

View Answer

Question 135

The World Bank is a recognized member of

A. United Nations Development Council
B. United Nations Development Group
C. United Nations Security Council
D. United Nations General Assembly

View Answer

Question 136

One of the long term objectives of the five year plan is reducing inequalities of ___wealth and income

A. Increased
B. Decreased
C. Medium
D. Low level

View Answer

Question 137

World Bank' was founded in

A. October, 1948
B. April, 1949
C. July, 1944
D. May, 1945

View Answer

Question 138

Population is a component of the ______environment

A. Demographic
B. Social
C. Natural
D. Technology

View Answer

Question 139

Which plan gives priority for family planning

A. State policy
B. Judicial policy
C. Industrial
D. Energy

View Answer

Question 140

Governments policy towards industries is called as ____

A. Economic policy
B. Industrial policy
C. Monetary policy
D. Work policy

View Answer

Question 141

Industrial policy was set up in the year __

A. 1955
B. 1956
C. 1957
D. 1958

View Answer

Question 142

_______ technology saves time.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. None of the above

View Answer

Question 143

_______ technology helps to gain more profit.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say

View Answer

Question 144

_______ technology having less chance of Error.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say

View Answer

Question 145

_______ technology require more human efforts.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say

View Answer

Question 146

Strata means....

A. Group of same kind of people
B. Group of different kind of people
C. Both
D. Cant say

View Answer

Question 147

In some circles a multinational corporations is referred to ____________

A. Multinational collaboration
B. Multinational entity
C. Multinational enterprises
D. Multinational development

View Answer

Question 148

IMF stands

A. International money force
B. International monetary fund
C. Indian money fund
D. International multinational foreign

View Answer

Question 149

Multinational corporations is also referred to ____

A. Multinational collaboration
B. Multinational entity
C. Transnational corporation
D. Multinational development

View Answer

Question 150

FERA is foreign exchange regulation act for __

A. Industries
B. Small scale
C. Labor
D. Owner

View Answer

Question 151

“Gujarat is dry state” - what can we conclude from statement.

A. Taboo
B. Social stratification
C. Taste and preference
D. None of the Above

View Answer

Question 152

Gdp is _

A. Gross domestic product
B. Gross domestic percentage
C. Gross domestic personnel
D. Gross domestic public

View Answer

Question 153

Psu is ___

A. Private sector unit
B. Private serious unit
C. Private steel unit
D. Private scale unit

View Answer

Question 154

What is the main role of the World Bank?

A. To be a forum for trade and liberalization.
B. To facilitate private investment around the world.
C. To assist countries in development.
D. All of the options given are correct.

View Answer

Question 155

Who gave a practical shape to privatization

A. Margrat thatcher
B. Louis peter
C. Williams
D. Fayol

View Answer

Question 156

Which one of the following is not a function of financial market?

A. Mobilisation of savings
B. Price determination of securities
C. Floating of companies
D. Lowering transaction cost

View Answer

Question 157

Which one of the following is a money market instrument?

A. Unit of mutual fund
B. Debenture
C. Bond
D. Treasury bill

View Answer

Question 158

Primary and secondary markets develop simultaneously because they

A. Complement each other.
B. Compete with each other.
C. Control each other.
D. Function independently.

View Answer

Question 159

Secondary market is in the form of

A. Stock exchange.
B. Money market.
C. New issue market.
D. Commercial exchange.

View Answer

Question 160

SEBI is a regulator of

A. Capital market.
B. Money market.
C. Commodity market.
D. Overseas market.

View Answer

Question 161

In which of the following basic categories can business environment be divided?

A. Local and Regional
B. Regional and National.
C. Internal and External.
D. Financial and Nonfinancial.

View Answer

Question 162

____ is a statement Which derives the role that an organization plays in a society.

A. Goals.
B. Mission.
C. Objective.
D. Success.

View Answer

Question 163

Economic environment refers to all forces which have a _____

A. political.
B. natural
C. economic.
D. social.

View Answer

Question 164

______environment is with in the control of the business.

A. Internal.
B. External.
C. Micro.
D. Macro.

View Answer

Question 165

____ environment is beyond the control of the business.

A. Internal.
B. External.
C. Micro.
D. Macro.

View Answer

Question 166

Micro environment is also called as ________

A. general environment.
B. operating environment.
C. economics environment.
D. political environment.

View Answer

Question 167

Macro environment is also called as _______

A. general environment.
B. operating environment.
C. economic environment.
D. political environment.

View Answer

Question 168

The environment which is close to business and affect its capacity to work is known as___environment.

A. internal.
B. external.
C. micro.
D. macro.

View Answer

Question 169

Factors that create opportunities and threats to business units is known as_______

A. internal environment.
B. external environment.
C. micro environment.
D. macro environment.

View Answer

Question 170

Internal factors affecting a business environment also are referred to ____factors.

A. controllable.
B. uncontrollable factors.
C. relevant.
D. global.

View Answer

Question 171

External factors affecting a business environment also be referred to ___factors.

A. controllable.
B. uncontrollable.
C. relevant.
D. global

View Answer

Question 172

Study of human population is called as _____ environment.

A. political.
B. social.
C. demographic.
D. economic

View Answer

Question 173

IN which year the essential commodities act introduced___

A. 1954
B. 1955
C. 1956
D. 1957

View Answer

Question 174

Which is the one not included in national culture?

A. Language.
B. Internet.
C. Belief.
D. Attitude.

View Answer

Question 175

Culture spreads from one place to anther and such transmission is called as ________

A. difference.
B. reputation.
C. adoption.
D. heritage.

View Answer

Question 176

An attitude composed of effect____

A. flextime.
B. cognition.
C. relationship.
D. culture.

View Answer

Question 177

What is the main occupation of Kshatriyas?

A. engage in cleaning.
B. engaged in trade.
C. engaged in army work.
D. none of the above

View Answer

Question 178

A systematic application of scientific knowledge to practical task is known as________

A. technology.
B. culture.
C. demograpic.
D. legal.

View Answer

Question 179

___ is defined as systematic assessment of the social impact of the activities of a businessfirm.

A. Social audit.
B. Social responsibility.
C. Social interaction.
D. Social benefit.

View Answer

Question 180

Corporate values are the _______ of the corporate sector.

A. shared values.
B. moral beliefs.
C. customer satisfaction.
D. goodwill.

View Answer

Question 181

The economic system in which business units or factors of production are privately ownedand governed is called as______

A. capitalism.
B. socialism.
C. democratic.
D. republic.

View Answer

Question 182

The economic system in which both public and private sectors co exist is known as___economy.

A. capitalism.
B. socialism.
C. democratic.
D. republic.

View Answer

Question 183

One Reserve Bank of India introduced certificates of deposit in ____

A. 1964
B. 1989
C. 1986
D. 1990

View Answer

Question 184

Fical policy refers to the policy of government regarding taxtation public expenditure and ____

A. public debt.
B. budgets.
C. policies.
D. deposits.

View Answer

Question 185

The sixth plan mentions 17 criteria for determining the prevalence of ____

A. poor.
B. academician.
C. backwardness.
D. business.

View Answer

Question 186

Fiscal policy is called as ______ policy.

A. monetary.
B. budgetary.
C. industrial.
D. economic.

View Answer

Question 187

One concept of culture determines the ___ of people.

A. experience.
B. ethics.
C. education.
D. wealth.

View Answer

Question 188

Self fulfillment and immediate gratification are_____cultural values.

A. decreases.
B. rises.
C. diminishes.
D. corporte.

View Answer

Question 189

National stock exchange was set up a joint stock company by all indian financial institutionand banks on November 27 ____

A. 1991
B. 1992
C. 1993
D. 1994

View Answer

Question 190

Which can be a method of privation?

A. Denationalization.
B. Purchasing shares.
C. Takeover.
D. Merger.

View Answer

Question 191

In India liberalization and privatization began from____

A. 1991
B. 1971
C. 1981
D. 1947

View Answer

Question 192

Industrial policy of 1948 aimed at ______

A. industrialization
B. growth of agriculture.
C. development of infrastructure .
D. development of service sector.

View Answer

Question 193

_______ state can have an elected or hereditary head.

A. Democratic.
B. Autocratic.
C. Socialized.
D. Republic.

View Answer

Question 194

The era of deregulation / liberalization begin in ___

A. 1950and51.
B. 1980
C. 1991
D. 1960

View Answer

Question 195

___________ occupies the central place in business.

A. People.
B. Raw material.
C. Labour.
D. Finished goods.

View Answer

Question 196

India is good example for ________economy.

A. socialist.
B. mixed .
C. capitalist.
D. communist.

View Answer

Question 197

Business includes _____

A. non-economic activities.
B. economic activities.
C. social activities.
D. production activities.

View Answer

Question 198

What is the single word that can best describe today s business?

A. Technology.
B. Profit Making.
C. Change.
D. People.

View Answer

Question 199

Is the modern business dynamic?

A. mass production.
B. mass marketing.
C. mass sales.
D. mass purchase.

View Answer

Question 200

A valid definition of a business purpose is to _______

A. create a customer.
B. maximize profits.
C. serve the society.
D. increase the wealth in the firm.

View Answer

Question 201

Is todays business is not characterized by diversification?

A. Social relationship.
B. Profit.
C. Customers.
D. Assets.

View Answer

Question 202

Is interference of government in business is common in every country?

A. 1960
B. 1970
C. 1980
D. 1990

View Answer

Question 203

____refers to the system of moral principles and rules of conduct applied to business.

A. Business culture.
B. Business ethics.
C. Business.
D. Society.

View Answer

Question 204

Competition is beneficial to the competing firms besides benefiting the ______?

A. producers.
B. intermediaries.
C. finances.
D. consumers.

View Answer

Question 205

What are the main concepts concerning about business goals or objectives?

A. Mission, objectives.
B. Mission , targets.
C. Mission, objectives, target.
D. Target, objectives.

View Answer

Question 206

Goals realization continuously will lead to _______

A. mission fulfillment.
B. maximize customers.
C. high revenue.
D. maximize suppliers.

View Answer

Question 207

_______is the primary motive for a business enterprise.

A. Profit.
B. Maximize customers.
C. Human objective.
D. Maximize suppliers.

View Answer

Question 208

The following statement with respect to culture is false.

A. Culture is enduring.
B. Culture is changing.
C. Culture is evolved among the members of a society.
D. Culture is determined by national boundaries.

View Answer

Question 209

________is the business through which new ideas and innovations are given a sharp and areconverted into useful products and services .

A. Market Leadership.
B. Challenge.
C. Joy of Creation.
D. Growth.

View Answer

Question 210

what is the nature of business environment?

A. Aggression.
B. Relative.
C. Uncertain.
D. Aggression, Relative and Uncertain.

View Answer

Question 211

What is the significance of business environment?

A. First Mover Advantage.
B. Competition.
C. Information.
D. Globalization.

View Answer

Question 212

What are the elements of business environment?

A. Micro Environment.
B. Macro Environment.
C. Complex Environment.
D. Steeple factor

View Answer

Question 213

Macro environment is also known as _________?

A. direct environment .
B. indirect environment.
C. competitive environment.
D. social environment.

View Answer

Question 214

Macro environment consist of ______?

A. public.
B. political & legal.
C. suppliers.
D. customers.

View Answer

Question 215

The micro environment consists ______

A. Technological Environment.
B. Political Environment.
C. Economic Environment.
D. Public, middlemen, consumers & competitors.

View Answer

Question 216

_______ refers to all forces which have an economic impact.

A. Technological Environment.
B. Political Environment.
C. Economic Environment.
D. Legal environment

View Answer

Question 217

__________ decides on a particular course of action.

A. Legislature.
B. Executive.
C. Judiciary.
D. Public.

View Answer

Question 218

The first MNC came to India in _______

A. 1920
B. 1921
C. 1919
D. 1923

View Answer

Question 219

Economic growth can be measured by ___________

A. the CPI.
B. the CBI.
C. GDP.
D. MPC.

View Answer

Question 220

Porter s model represents the relationship between _______

A. organizational and environment.
B. society and environment.
C. organization and society.
D. society and industry.

View Answer

Question 221

________environment refers to all economic factors which have a bearing on the functioningof a business.

A. Economic.
B. Technological.
C. Natural.
D. Social.

View Answer

Question 222

Capitalism stresses the philosophy of individualism believing in private Ownership comesunder ____

A. legal planning.
B. soviet planning.
C. government planning.
D. agricultural planning.

View Answer

Question 223

In which year socialism the tools production are not managed by government?

A. 1952
B. 1950
C. 1951
D. 1953

View Answer

Question 224

In capitalism ____ losses assumed by the customers.

A. economics.
B. technological.
C. natural.
D. social.

View Answer

Question 225

In communism the state determines one s employer and employment ____

A. socialism.
B. economics.
C. communism.
D. capitalism.

View Answer

Question 226

The _____ socialism seems to fall between capitalism and communism ____

A. increased.
B. decreased.
C. lowlevel.
D. medium.

View Answer

Question 227

Has the per capita income increased or decreased from 1980 to 2009 ___

A. increased.
B. decreased.
C. medium.
D. narrow.

View Answer

Question 228

Population is a component of the total ______environment.

A. economic.
B. social.
C. natural.
D. technology.

View Answer

Question 229

Which plan gives priority for family planning?

A. State Policy.
B. Judicial Policy.
C. Industrial
D. Energy

View Answer

Question 230

Industrial policy was set up in the year _______

A. 1955
B. 1956
C. 1957
D. 1958

View Answer

Question 231

One of the objectives of industrial policy is to accelerate the rate of economic Growth andspeed up industrialization___

A. 1955
B. 1956
C. 1957
D. 1958

View Answer

Question 232

MRTP act was set up in the year _______

A. 1950
B. 1951
C. 1952
D. 1953

View Answer

Question 233

The liberalization of the rules relating to FDI permitting _______% equity in wide range ofIndustries.

A. 50
B. 51
C. 52
D. 53

View Answer

Question 234

In some circles, a multinational corporations is also referred to ____________

A. multinational collaboration .
B. multinational entity.
C. multinational enterprises.
D. multinational development.

View Answer

Question 235

Multinational corporations is also referred to ____________

A. multinational collaboration.
B. multinational entity.
C. transnational corporation.
D. multinational development.

View Answer

Question 236

FERA is foreign exchange regulation act for _________

A. industries .
B. small scale .
C. labour.
D. owner.

View Answer

Question 237

GDP is ____

A. Gross Domestic Product.
B. Gross Domestic Percentage.
C. Gross Domestic Personnel.
D. Gross Domestic Public.

View Answer

Question 238

GNP stands for_____________________

A. Gross National Product
B. Gross negative product
C. Gross negotiable product
D. None of the above

View Answer

Question 239

SAOIL is ______

A. Steel authority of India ltd .
B. School authority of India ltd.
C. State authority of India ltd.
D. Span authority of India ltd.

View Answer

Question 240

NDP is ____

A. Net Domestic Product.
B. Net Domestic Percentage.
C. Net Domestic Personnel.
D. Net Domestic Public.

View Answer

Question 241

Who gave a practical shape to privatization?

A. MARGARAT THATCHER.
B. LOUIS PETER.
C. WILLIAMS.
D. FAYOL.

View Answer

Question 242

The techniques of privatization are contract _______and concession.

A. building.
B. free .
C. leases .
D. hire purchase.

View Answer

Question 243

There are _____sins of privatization.

A. 5
B. 6
C. 7
D. 8

View Answer

Question 244

The income level of residents in a country is indicated by _______

A. gross national income.
B. gross domestic product.
C. per capita gross national income.
D. per capita gross domestic product.

View Answer

Question 245

________is the process of analyzing the environment for the identification of factors which haveimpact on or have implication for the business.

A. Assessment
B. Forecasting
C. Scanning
D. None of these

View Answer

Question 246

PEST is an acronym which stands for ________

A. Political, Environment, Societal, Technology. Share institution privatization.
B. Political, Economic, Societal, Technological.
C. Political, Economic, Social, Technological.
D. People, Economy, Standards, Tr

View Answer

Question 247

The European Union is an example of ______

A. monetary union.
B. free trade area.
C. common market.
D. economic union.

View Answer

Question 248

The legal system in India is based on ______

A. Common law.
B. Civil law.
C. Theocratic law.
D. Hindu law.

View Answer

Question 249

A mixed economy is necessarily a _____

A. controlled.
B. planned.
C. organised.
D. planned, organised and controlled.

View Answer

Question 250

The origin of Common law is in _____

A. America.
B. England.
C. Russia.
D. India.

View Answer

Question 251

The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________

A. global standardization strategy.
B. localization strategy.
C. transnational strategy
D. international strategy.

View Answer

Question 252

The total accumulated value of foreign- owned assets at a given period of time is __

A. flow of FDI
B. stock of FDI
C. inflow of FDI
D. outflow of FDI

View Answer

Question 253

The taking over of a private firm by the host country government to be run it as a governmentunit is ______

A. expropriation.
B. confiscation.
C. nationalisation.
D. domestication

View Answer

Question 254

Who is responsible for presenting the Union Budget before the Parliament?

A. Prime Minister
B. Finance Minister
C. RBI Governor
D. none of the above

View Answer

Question 255

The goods and the services produced, priced and distributed by the government is ___

A. Market economy.
B. Secular economy.
C. Command economy.
D. Mixed economy.

View Answer