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Demographic Business Environment

Total questions: 35

Worksheet time: 18mins

Name
Class
Date
1.

As a result of social change, we have seen many goods and services become more redundant. what does it means by "redundant" here?

a)

more alike

b)

not more needed

c)

clash needs

d)

more wanted

2.

The following are effects in cultural environment EXCEPT

a)

cultural convergence

b)

multi cultural

c)

social class

d)

set of beliefs

3.

caste system is an example of _________________ in India

a)

cultural convergence

b)

multi ethics

c)

multi cutural

d)

social class

4.

the large number of Korean restaurants in Malaysia, is an example of __________________ in cultural environment.

a)

cultural convergence

b)

multi cultural

c)

social class

d)

family composition

5.

the socialization process involved the following EXCEPT

a)

changing roles of family members

b)

changing composition of families

c)

growth of nuclear and cellular families

d)

greater diversity of society

6.

reference group is _______________.

a)

Groups that expressed in a complex set of beliefs

b)

groups that influence individuals in making decision

c)

groups in family composition

d)

groups thats always support family members

7.

Primary reference group refer to the following EXCEPT

a)

family

b)

best friend

c)

class lecturer

d)

favourite artist

8.

When you make a purchase after watching video by Youtuber regarding the product, you are influenced by ____________.

a)

Primary reference group

b)

secondary reference group

c)

society influence

9.

Value is ________________

a)

behavior that may be manifested in a particular life style

b)

distinctive patterns of behavior

c)

belief and usefulness of something

d)

population change

10.

Population of Malaysian in 2019

a)

32.45 billion

b)

29 million

c)

32.45 million

d)

29 billion

11.

Population change can be attributed to the following EXCEPT

a)

birth rate

b)

death rate

c)

inward migration

d)

immigrant

12.

The following are key trends in age structure of the population EXCEPT

a)

significant growth of very young people

b)

growing numbers of elderly people

c)

curently rising number young people

d)

all og the above

13.

Saigon Halal restaurant is an example of _____________ restaurant that exist because of multi society in Malaysia.

a)

Korea

b)

Japan

c)

Thailand

d)

Vietnam

14.

the following are variables of demography EXCEPT

a)

age

b)

interest

c)

population

d)

level of income

15.

acting after watching paid review by Aiman Tino is example of influenced by ______________

a)

primary reference group

b)

secondary reference group

c)

families

d)

favourite artist

16.
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
17.
technological environment includes:
a)
advances in production technology
b)
advances in information technology
c)
popularity of e -banking
d)
all of the above
18.
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
19.
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
20.
Following is not the importance of business environment:
a)
Get first mover advantage
b)
complexity
c)
Tapping useful resources
d)
better performance
21.
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
22.
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
23.
Liberalisation signifies:
a)
INTEGRATION AMONG VARIOUS ECONOMIES OF WORLD
b)
REDUCED  GOVERNMENT RESTRICTIONS & CONTROL
c)
POLICY OF PLANNNED DISINVESTMENT
d)
NONE OF THE ABOVE
24.

In order for relationships in the business to be functional (have a positive impact),...

a)

Employees should be trained to be tolerant of differences.

b)

There should be a person who dominates discussions because they were a top student in university.

c)

Employees should be encouraged to communicate in a constructive manner about their ideas and even differences

d)

Time management skills are crucial - especially where the output of one employee becomes the input of another employee

25.

True or False? Developing the business strategy forms part of the responsibilities of general management.

a)

True

b)

False

26.

When the manager allocates duties, authority and responsibilities to subordinates (people below her), we call this...

a)

Communication

b)

control

c)

delegation

d)

discipline

27.

Organisational culture is....

a)

The structure of the organisation - break down of roles and responsibilities

b)

The shared values, beliefs, expectations and attitudes of the people within the organisation (management and staff)

28.

The internal business environment consists of...

a)

factors that directly impact the organisation

b)

factors that influence the operations of the business

c)

factors that influence the wider environment in which the business operates

29.

Which of thes options best describes opportunity cost?

a)

The price of taking a chance

b)

The alternative you have to go without in a choice of two things

c)

The cost of opportunity

d)

The price you pay when you make a choice

30.

Just after the declaration of the results of the Lok Sabha Elections, 2009, the Bombay Stock Exchange’s price index (Sensex) rose by 2100 points in a day. Identify the environmental factor which led to this rise?

a)

Legal Environment

b)

Political environment

c)

Social Environment

d)

Economic Environment

31.

The growing awareness about healthcare has led to an increase in the demand for healthcare products and services in the country. Identify the feature of business environment being described in the above case.

a)

Dynamic nature

b)

Uncertainty

c)

Relativity

d)

Interrelatedness

32.

A business has to offer wider choice in purchasing enhanced quality of goods and services in order to maintain an edge over its competitors. The implementation of the new economic policy with liberalisation, privatisation and globalisation has posed various challenges for the corporate sector. One of the important challenges is explained in the above lines. Identify it.

a)

Increasing competition

b)

More demanding customers

c)

Necessity for change

d)

Market orientation

33.

In order to boost and double India’s export of goods and services to over USD 1,000 billion by 2025, it is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.

a)

Social dimension and Legal dimension

b)

Technological dimension and Political dimension

c)

Political dimension and Social dimension

d)

Economic dimension and Legal dimension

34.

The external environment is made up of two layers.. True or False?

a)

False

b)

True

35.

Which is an example of a macro economic factor?

a)

interest rates

b)

research and development

c)

climate change