WorksheetsClass Test of Commerce - I
Total questions: 20
Worksheet time: 30mins
Key terms to be included in business environment is/are
External
Uncontrollable
Affects the performance and functioning of the business
All of the above
Specific environment affect the business
Indirectly
Directly
Diagonally
All of the above
Complexity of business environment is due to
a.Dynamic nature of business environment
b. Inter relatedness of various business element
Both a and b
None of the above
Relative means
Not absolute
Varies from state to state
Varies from country to country
All of the above
Which element of the environment has constant interaction with business
Customer
Government
RBI
Politicians
Characteristics of micro environment
Affects specific business
Interact with the business continually
Can be controllable to certain extent
All of the above
Characteristics of macro environment
Affects specific business
Uncontrollable
Interact with the business continually
All of the above
Supplier will affect the
Price of the product
Quality of the product
Both price and quality of the product
None of the above
For formulating strategy what is the main source the organisation needs
Mission and objectives
Power structure
Legal environment
Information
SWOT analysis is
Easy to form
Inexpensive
Helps in strategic formulation
All of the above
Which environment does this image relates to
Technological environment
Social environment
Political environment
None of the above
Which environment is this news related to
Economic
Social
Legal
Political
Which environment is affecting business ( Franklin Templeton is a company)
Micro internal environment
Micro external environment
Macro environment
Legal environment
What will be the impact of this news
Opportunity for other companies
Threat for other automobile companies
Macro environment affects the business
None of the above
What kind of environment is this image related to
Political environment
Legal environment
Social environment
Economic environment
Which of the following environment does this image relates to
Political environment
Technological environment
Legal environment
Social environment
Which of the following relates to economic environment
Which of the following Factor is related to this statement
Weakness of Toyota
Strength of Toyota
Threats to Toyota
None of the above
Which environment is related to this particular news
Macro environment
Political environment
Micro environment
None of the above
This publicity is related to which of the following importance of business environment
Customer focus
Public image
Weakness to the organisation
None of the above
