Business Environment Online MCQ Set 11

QN01. ______________ act is called as monopolies & restrictive trade practices act

  1. MRTP.
  2. MART.
  3. MARTP.
  4. MPRT.
Answer

(A)MRTP.

QN02. In capitalism losses assumed by the _______________.

  1. employees.
  2. owners.
  3. managers.
  4. public.
Answer

(B)owners.

QN03. ______________ environment refers to all economic factors which have a bearing on the functioning of a business.

  1. Economics.
  2. Technological.
  3. Natural.
  4. Social.
Answer

(A)Economics.

QN04. ______________ identifies the early signals of possible environment changes.

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

(A)Scanning.

QN05. ______________ should facilitate & enhance strategic thinking in organization.

  1. Strategic management.
  2. Environmental analysis.
  3. Political analysis.
  4. . Public analysis.
Answer

(B)Environmental analysis.

QN06. Natural environment comes under ________________ environment category.

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

(B)macro.

QN07. ______________ in the business through which new ideas and innovations are given a sharp and are converted into useful products and services.

  1. Market leadership.
  2. Challenge.
  3. Joy of creation.
  4. Growth.
Answer

(C)Joy of creation.

QN08. Interference of government in business is common in every _______________

  1. country.
  2. department.
  3. unit.
  4. work.
Answer

(A)country.

QN09. What is the single word that can best describe todays business?

  1. Technology.
  2. Profit making.
  3. Change.
  4. share.
Answer

(C)Change.

QN10. Identification of companies technological assets that may provide _______________ in new businesses.

  1. opportunities.
  2. development.
  3. failure.
  4. none of the above.
Answer

(A)opportunities.

QN11. The authority courts are to settle ________________.

  1. Family disputes.
  2. Legal disputes.
  3. Personal disputes.
  4. None of the above.
Answer

(B)Legal disputes.

QN12. With the advent of technology, jobs tend to become _______________.

  1. degraded.
  2. upgraded.
  3. slow.
  4. slight Slow.
Answer

(B)upgraded.

QN13. The sixth plan mentions 17 criteria for determining the prevalence of ______________.

  1. poor.
  2. academician.
  3. backwardness.
  4. business.
Answer

(C)backwardness.

QN14. What are the elements of business ethics?

  1. Values, rights and duties.
  2. Attitudes, pressure and environment.
  3. Value, environment and attitude.
  4. Recognition.
Answer

(A)Values, rights and duties.

QN15. Which one is not the economic significance of directive principle?

  1. To minimize the inequalities in income.
  2. Securing rights to all livelihoods.
  3. To promote the welfare of the people to buy and sell the products.
  4. None.
Answer

(D)None.

QN16. Environment refers to all ______________ which have a bearing on the functioning of business.

  1. Internal forces.
  2. External forces.
  3. mutual forces.
  4. Economic forces.
Answer

(B)External forces.

QN17. Culture spreads from one place to another and such transmission is called as ______________

  1. difference.
  2. reputation.
  3. adoption.
  4. heritage.
Answer

(C)adoption.

QN18. ______________ is a market where securities are bought and sold.

  1. Trade fair.
  2. Vegetable market.
  3. Stock fair.
  4. Flower Market.
Answer

(C)Stock fair.

QN19. New policy has four new components namely liberalization, privatization _______________ and stabilization.

  1. globalization.
  2. domestication.
  3. democracy.
  4. economization.
Answer

(A)globalization.

QN20. The most fundamental effect of technology is greater ______________ in terms of both quality and quantity.

  1. profitable.
  2. productivity.
  3. change.
  4. none of the above.
Answer

(B)productivity.

QN21. The _______________ activities involved in bringing raw materials to the factory and end products from there to the market constitute business.

  1. complex.
  2. single.
  3. multitudinous.
  4. varied.
Answer

(C)multitudinous.

QN22. The modern business is said to be _______________ and fast.

  1. slow.
  2. bright.
  3. dynamic
  4. feeble
Answer

(C)dynamic

QN23. Interference of government in business was on the ascendancy of _______________.

  1. 1960
  2. 1970
  3. 1980
  4. 1990
Answer

(C)1980

QN24. Mission is a statement which defines the role that ______________ plays in a society.

  1. people.
  2. organization.
  3. labour.
  4. market.
Answer

(B)organization.

QN25. ______________ refers to all external forces which have a bearing on the functioning of business.

  1. Technology.
  2. Climate.
  3. Force.
  4. Environment.
Answer

(D)Environment.

QN26. What does micro environment consists of?

  1. Economic.
  2. Political & legal.
  3. Competitors.
  4. Natural.
Answer

(C)Competitors.

QN27. ______________ decides on a particular course of action in business problem.

  1. Legislature.
  2. Executive.
  3. Judiciary.
  4. Jobless.
Answer

(A)Legislature.

QN28. Environment analysis provide inputs for strategies in _______________ making.

  1. decision.
  2. mission.
  3. vision.
  4. role.
Answer

(A)decision.

QN29. The _______________ involves identifying and evaluating how and why current and projected environment change which effect strategic management of the organization?

  1. assessment.
  2. report.
  3. job.
  4. work.
Answer

(A)assessment.

QN30. Growth strategy which was based on ______________ model which gave control role to the state.

  1. legal planning.
  2. super planning.
  3. government planning.
  4. soviet planning.
Answer

(D)soviet planning.

QN31. In capitalism profits and wages are in relation to ones _______________________.

  1. ability.
  2. strain.
  3. loss.
  4. risk.
Answer

(A)ability.

QN32. Population is a component of the total ______________ environment.

  1. economic.
  2. social.
  3. natural.
  4. technology.
Answer

(A)economic.

QN33. The liberalization of the rules relating to FDI permitting ______________% equity in industries.

  1. 50
  2. 51
  3. 52
  4. 53
Answer

(B)51

QN34. FERA is foreign ______________ regulation act.

  1. exchange.
  2. investment.
  3. equity.
  4. equilibrium.
Answer

(A)exchange.

QN35. The objective of privatization is to improve the performance of _______________.

  1. PSU
  2. PUS
  3. PVT.
  4. PST.
Answer

(A)PSU

QN36. SFC and NSIC give _______________ to small scale units.

  1. finance.
  2. financial assistance.
  3. loan.
  4. training.
Answer

(B)financial assistance.

QN37. IDBI, IFCI, ICICI and nationalized commercial banks ______________ in preventing industrial sickness.

  1. favorable.
  2. unfavorable.
  3. conditional.
  4. unconditional.
Answer

(B)unfavorable.

QN38. The major responsibility of RBI is ______________.

  1. healthy regulation.
  2. monetary regulation.
  3. work regulation.
  4. industrial regulation.
Answer

(B)monetary regulation.

QN39. ______________ was in the first position in their social status.

  1. Brahmins.
  2. Vaishyar.
  3. Kshatriyas.
  4. Sudras.
Answer

(A)Brahmins.

QN40. Ackermans model describe _______________ through which companies tend to in developing a response to social issues.

  1. 3 phases.
  2. 4 phases.
  3. 5 phases.
  4. 6 phases.
Answer

(A)3 phases.

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