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Business Environment

Total questions: 20

Worksheet time: 10mins

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 not a general force environment:
a)
political environment
b)
social environment
c)
competitors environment
d)
Economic environment
4.
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
5.
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
6.
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
7.
Following is not the features of business environment:
a)
Totality of external forces
b)
dynamic nature
c)
industrial policy
d)
uncertainty
8.
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
9.
Following is not the importance of business environment:
a)
Get first mover advantage
b)
complexity
c)
Tapping useful resources
d)
better performance
10.
.Business environment does not have the following characteristics:
a)
uncertainty   
b)
employees 
c)
relativity 
d)
complexity
11.
Which of the following is an example of social environment?
a)
money supply in the economy     
b)
consumer protection act
c)
The constitution of the country       
d)
composition of family
12.
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
13.
Following is not the dimension of the business  environment
a)
political environment         
b)
social environment
c)
legal environment
d)
nature
14.
Which of the following you will not include in economic environment
a)
economic policies of government       
b)
market for labour 
c)
          per capita income                         
d)
customs of people
15.
Which of the  following is an example of social environment?
a)
money supply in the economy
b)
consumer protection act
c)
the constitution of the country
d)
composition of family
16.

Business Environment means *

a)

Internal Environment of Business

b)

External Environment

c)

Internal and External Environment

d)

Economic Environment of country

17.

Which of the following is not a feature of Business environment? *

a)

Interrelated Elements

b)

Complex

c)

Continuous

d)

Dynamic

18.

Relaxing the restrictions and controls imposed on Business and industry means *

a)

Globalisation

b)

Liberalisation

c)

Privatisation

d)

All of the above

19.

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

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