Dr. Mitesh Popat's Quiz on Chapter 3 Business Environment

________ is an example of social environment

• Inflation

• Legislation

• Innovation

• Composition of Family

________ is a dimension of business environment.

• Fashion

• Economic Environment

• Legislation

• Monetary Policy

________ is not a branch of New Economic Policy.

• Legislation

• Liberalisation

• Privatisation

• Globalisation

Demonetization is an example of _________ environment.(Fill in the Blank)

Which of the following is not a characteristic of buniess environment?

• Dynamic

• Integral

• Complexity

• Absolute

________ is not an ingredient of political environment.

• Political System

• Political institutions

• Political Pholosophies

• Monetary Policy

Which of the following is not a component of economic environment?

• Composition of Trade

• Infrastructure

• Economic Development

• Legislation passed by government

"Baby milk powder should necessarily inform the buyers that mother's milk is the best for the baby." __________ component of business environment is highlighted here. (Fill in the Blank)

"Online platforms like Bigbasket, Milkbasket, Amazon Pantry etc., are providing facilities of ordering grocery items from their websites and apps." ______ component of business environment is highlighted here. (Fill in the Blank)

Which of the following was not one of the reasons for introducing New Economic Policy?

• Increasing fiscal policy

• Fall in price level

• Gulf Crisis

• Poor performance of public sector