wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

BUSINESS ENVIRONMENT

Total questions: 20

Worksheet time: 40mins

Name
Class
Date
1.
 Following is not a specific force environment?
a)
customers
b)
suppliers
c)
creditors
d)
social
2.
technological environment includes:
a)
advances in production technology
b)
advances in information technology
c)
popularity of e -banking
d)
all of the above
3.
Following is the impact of government policy changes on business and industry:
a)
technological upgradation
b)
Demanding customers
c)
Increased competition
d)
All of the above
4.
Which of the following is not the element of political environment:
a)
Constitution of the country
b)
prevailing political system
c)
popularity of e-banking
d)
Level of political morality
5.
Following are the elements of social environment:
a)
Educational system and literacy rates
b)
family structure
c)
caste and occupational structure
d)
all of the above
6.
Following is not the features of business environment:
a)
Totality of external forces
b)
dynamic nature
c)
industrial policy
d)
uncertainty
7.
Legal environment includes:
a)
government policies related to pricing
b)
the constitutional framework
c)
goverment policies related to import and export
d)
all of the above
8.
Following is not the importance of business environment:
a)
Get first mover advantage
b)
complexity
c)
Tapping useful resources
d)
better performance
9.
.Business environment does not have the following characteristics:
a)
uncertainty   
b)
employees 
c)
relativity 
d)
complexity
10.
The importance of understanding of business environment is signified by :
a)
The importance of understanding of business environment is signified by :
b)
coping with rapid changes
c)
improvement in performance         
d)
all of the above
11.
Following is not the dimension of the business  environment
a)
political environment         
b)
social environment
c)
legal environment
d)
nature
12.
.Globalisation signifies :
a)
integration among various economies of the world
b)
integration among various economies of the world
c)
removal of economic licensing
d)
none of the above
13.
Liberalisation signifies:
a)
INTEGRATION AMONG VARIOUS ECONOMIES OF WORLD
b)
REDUCED  GOVERNMENT RESTRICTIONS & CONTROL
c)
POLICY OF PLANNNED DISINVESTMENT
d)
NONE OF THE ABOVE
14.

Business Environment means *

a)

Internal Environment of Business

b)

External Environment

c)

Internal and External Environment

d)

Economic Environment of country

15.

________ refers to negative and unfavourable external factors that are likely to create hurdles for a firm *

a)

Opportunities

b)

Threats

c)

Benefits

d)

None of the above

16.

In India, Liberalization & privatization began from----

a)

1991

b)

1950

c)

1981

d)

1971

17.

Which of the following is a feature of demonetisation?

a)

Tax administration measure

b)

Channelising savings into the formal financial system

c)

Development of less-cash economy

d)

All of the above

18.

Globalization does not involve *

a)

Reduction of barrier

b)

Free flow of capital

c)

Global mechanism for settlement of economic disputes

d)

Free flow of goods & services

19.

No country is capable enough to produce all the goods and services itself required for its use. Almost all the countries have certain goods and services in surplus and in certain others, deficiency. In this way all of them feel the necessity for exporting the goods and services in surplus and those of deficiency , to import. In order to solve this problem several countries have zeroed in the complexities of import export business. Consequently, balance is getting established in the demand and supply of goods and services.Identify the concept of business environment discussed here. *

a)

Globalisation

b)

Privatisation

c)

Liberalisation

d)

All of the above

20.

The organic food market in India is grow at 25-30 per cent which reflects a clear shift in consumer tastes and preferences. The current growth in the organic food market is driven by multiplicity of factors like rising health consciousness, changing lifestyles, increase in disposable income and growing availability of organic food products in shopping malls, retail outlets and online. Which dimension of business environment is highlighted here?

a)

Economic Environment

b)

Social Environment

c)

Political Environment

d)

Technological Environment