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Business Environment Quiz 1

Total questions: 10

Worksheet time: 7mins

Name
Class
Date
1.

Business refers to buying and selling of

a)

Goods

b)

Services

c)

Goods and Services

d)

Units

2.

External Environment can be classified into two, as Micro and

a)

Internal

b)

Macro

c)

Political

d)

Social

3.

-------------------is the process through which an organisation monitors and comprehends various environmental forces so as to determine the opportunities and threats that lie ahead.

(a)  

4.

What is meant by Business Environment?

4 lines
5.

India is rich in the production of which crop?

a)

Wheat

b)

Rich

c)

Pulses

d)

Species

6.

-------------is the best means of reducing risks of the business.

a)

Banking

b)

Warehousing

c)

Transportation

d)

Insurance

7.

The success of every business depends on adapting itself to the ---------------

(a)  

8.

Industries engaged in the conversion of raw materials or semi-finished products are called as ----------------industries.

(a)  

9.

First industrial policy of free India was announced in ----------------

a)

1991

b)

2001

c)

1947

d)

1948

10.

------------environment includes factors like customs, traditions, values, beliefs, poverty, literacy, life expectancy rate etc.

a)

Legal

b)

Political

c)

Technological

d)

Social