Business Environment

The term "Business Environment" refers to

• a) Internal factors

• b) External factors
  
  

• c) Both a and b

• d) None of the above

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

• a) Customers

• b) competitions

• c) Demographic factors

• d) suppliers

Legal environment includes:

• a) Attitudes of government
  

• b) Judicial system
  

• c) Customary practices
  

• d) Employee behavior

Liberalization refers to:

• a) Restriction of trade
  

• b) Free flow of capital
  

• c) Reduction in government control
  

• d) Increase in subsidies
  

Privatization means:

• a) Expansion of public sector
  

• b) Sale of private firms to government
  

• c) Transfer of ownership from public to private
  

• d) Nationalization
  

Which organization formulates monetary policy in India?

• a) Finance Ministry
  

• b) SEBI
  

• c) RBI
  

• d) NITI Aayog

FDI stands for:

• a) Foreign Direct Investment
  

• b) Fixed Deposit Investment
  

• c) Foreign Domestic Investment
  

• d) Financial Development Index

Economic environment includes

• a) Literacy rate

• b) Income Level

• c) pollution control

• d) Fashion trends

WTO was established in ____

• a) 1947

• WTO was established in:
  
  b) 1985

• c) 1991

• d) 1995

Demographic factors include:

• a) Laws

• b) Technology

• c) Population

• d) GDP