Business Environment Online MCQ Set 13

QN01. The second five year plan was given during ______________.

  1. 1956.
  2. 1957.
  3. 1958.
  4. 1959.
Answer

(A)1956.

QN02. On may 14, _______________ the ministry of state for company affairs introduced in the parliament.

  1. 1991.
  2. 1992.
  3. 1993.
  4. 1994.
Answer

(C)1993.

QN03. ______________ refers to the intensity of competition among firms.

  1. Intensity of rivalry.
  2. Competitiveness.
  3. Absolute competition.
  4. Non competence.
Answer

(A)Intensity of rivalry.

QN04. _______________ are also referred to as neighbourhood or spillover effects.

  1. Internalities.
  2. Externalities.
  3. Naturalities.
  4. Prosperities.
Answer

(B)Externalities.

QN05. _______________ is also called government which implements whatever is decided by the parliament.

  1. Legislature.
  2. Executive.
  3. Judiciary.
  4. None of the above.
Answer

(B)Executive.

QN06. Social and cultural environment comes under ________________ environment.

  1. micro.
  2. macro.
  3. semi micro.
  4. de micro.
Answer

(B)macro.

QN07. _________________ occurs when one company grants a licence to a company in another country.

  1. Licencing.
  2. Medium grants.
  3. Short span.
  4. Fine.
Answer

(A)Licencing.

QN08. Every economy totally free from government role?

  1. Government.
  2. Private.
  3. Small.
  4. Big.
Answer

(A)Government.

QN09. What does the term bigness mean in business?

  1. Mass production.
  2. Mass marketing.
  3. Mass production and mass marketing.
  4. . Low sales.
Answer

(C)Mass production and mass marketing.

QN10. Adding new, unrelated products or services for present customers is called horizontal ________________.

  1. diversification.
  2. Loss.
  3. verification.
  4. love.
Answer

(A)diversification.

QN11. Businesses represents the organized efforts of enterprises to supply ______________ with goods and services.

  1. producers.
  2. consumers.
  3. intermediaries.
  4. all of these.
Answer

(B)consumers.

QN12. Anzcert means Australia and _______________ which have closer economic relation and trade agreement.

  1. New Jersey.
  2. Nether land.
  3. New Zealand.
  4. Nepal.
Answer

(C)New Zealand.

QN13. Corporate contribution to political parties are now been _______________ in our country.

  1. Legalized.
  2. Customized.
  3. Introduced.
  4. None of the above.
Answer

(A)Legalized.

QN14. Waldsterben is called as ________________.

  1. forest death.
  2. wildlife death.
  3. human lifestyle.
  4. human death.
Answer

(A)forest death.

QN15. Fiscal policy refers to the policy of government regarding taxation, public expenditure and ______________.

  1. public debt.
  2. budgets.
  3. policies.
  4. non finance.
Answer

(B)budgets.

QN16. Corporate values are the ______________ of the corporate sector.

  1. Shared values.
  2. Moral beliefs.
  3. Customer satisfaction.
  4. customer loyalty.
Answer

(B)Moral beliefs.

QN17. _________________ diversification refers to adding new and unrelated products and services.

  1. concentric.
  2. conglomerate.
  3. relationship.
  4. culture.
Answer

(B)conglomerate.

QN18. Which is the one not included in national culture?

  1. Language.
  2. Internet.
  3. Belief.
  4. Attitude.
Answer

(B)Internet.

QN19. What are the twin objectives of our business contribution?

  1. Justice and Welfare
  2. Food and Shelter.
  3. Law and justice.
  4. Food and Clothing.
Answer

(A)Justice and Welfare

QN20. Economic Environment refers to all forces which have a ______________ impact on business.

  1. Political.
  2. Natural.
  3. Economic.
  4. Social.
Answer

(C)Economic.

QN21. ______________ means joining with foreign companies to produce or market the products or services.

  1. Direct investment.
  2. Joint venture.
  3. Franchising.
  4. None of the above.
Answer

(B)Joint venture.

QN22. ______________ assuring the dignity of individual and unity and integrity of the nation.

  1. Fraternity.
  2. Equality.
  3. Certainty.
  4. Biosity.
Answer

(B)Equality.

QN23. ______________ is defined as systematic assessment of the social impact of the activities of a business firm.

  1. Social audit.
  2. Social responsibility.
  3. Social interaction.
  4. Hatredness.
Answer

(A)Social audit.

QN24. One concept of culture determines the _______________ of people.

  1. experience.
  2. ethics.
  3. education.
  4. wealth.
Answer

(B)ethics.

QN25. ________________ % of economic growth of USA, UK, Germany have come from technical progress achieved in these countries.

  1. 60%.
  2. 70%.
  3. 50%.
  4. 55%.
Answer

(C)50%.

QN26. The ________________ is an introduction to the constitution and contains its basic philosophy.

  1. preamble.
  2. society.
  3. process.
  4. none of the above.
Answer

(A)preamble.

QN27. How many main characteristics does todays business have?

  1. six.
  2. four.
  3. ten.
  4. eight.
Answer

(D)eight.

QN28. What are the significance of business environment?

  1. First mover advantage.
  2. Competition.
  3. Information.
  4. Globalization.
Answer

(A)First mover advantage.

QN29. Internationalization of business is a mean of sustaining a strong domestic Base in term of technology, product, market and capital over a _______________ period

  1. shorter.
  2. longer.
  3. medium.
  4. low.
Answer

(B)longer.

QN30. The main concepts concerning about business goals or objectives are ____________________.

  1. Mission, objectives.
  2. Mission, targets.
  3. Mission, objectives, target.
  4. Target, objectives.
Answer

(C)Mission, objectives, target.

QN31. _______________ refers to all forces which have an economic impact.

  1. Technological environment.
  2. Political environment.
  3. Economic environment.
  4. Social environment.
Answer

(C)Economic environment.

QN32. ________________ to leisure varies from country to country.

  1. Altitude.
  2. Function.
  3. Motivation.
  4. Pain.
Answer

(A)Altitude.

QN33. ______________ involves tracking environment trend, sequence of events (or) streams of activities

  1. Scanning.
  2. Monitoring.
  3. Forecasting.
  4. Assessing.
Answer

(B)Monitoring.

QN34. Porters model represent the relationship between ______________.

  1. organizational and environment.
  2. society and environment.
  3. organization and society.
  4. society and industry.
Answer

(A)organizational and environment.

QN35. Has the per capita income increased or decreased from 1980 to 2009?

  1. Increased.
  2. Decreased.
  3. Medium.
  4. Low.
Answer

(A)Increased.

QN36. A license is a ______________ permission issued by the government to an industrial undertaking.

  1. oral.
  2. written.
  3. verbal.
  4. non verbal.
Answer

(B)written.

QN37. GDP is growth domestic ______________.

  1. product.
  2. profit.
  3. peace.
  4. post.
Answer

(A)product.

QN38. Actually sickness where units being closed for more than __________ months.

  1. 5.
  2. 6.
  3. 7.
  4. 12.
Answer

(B)6.

QN39. Branches of international business do not include

  1. International trade
  2. Foreign direct investment
  3. Foreign portfolio investment
  4. Multinational business
Answer

(C)Foreign portfolio investment

QN40. By having business in different countries, a firm reduces

  1. credit risk
  2. political risk
  3. financial risk
  4. business risk
Answer

(B)political risk

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