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WorksheetsBusiness environment -1
Total questions: 10
Worksheet time: 5mins
Which of the following is not a component of the business environment?
Political
Social
Internal
Legal
PESTLE analysis is used to examine the:
Internal structure of a company
Economic growth rate
External business environment
Customer satisfaction level
Liberalization in India began in the year:
1991
1985
1995
2005
Which factor does not fall under the economic environment?
Interest rates
Inflation rate
Population growth
GDP Growth
The full form of PESTLE is:
Political, Economic, Social, Technological, Legal, Environmental
Price, Economic, Structure, Trade, Law, Ethics
Policy, Employment, System, Trade, Labor, Economy
Political, Ethical, Social, Technical, Legal, Education
Privatization implies:
Decreasing interest rates
Transferring ownership from public to private sector
Increasing taxes on private firms
Government control on foreign firms
Business environment is said to be dynamic because:
It is complex
It is ever-changing
It is legal
It is profitable
Which of these is an example of a social environment factor?
Changes in government
Customer preferences
Rate of inflation
Import-export policies
Which of the following is a feature of business environment?
Predictability
Static nature
Inter-relatedness
Simplicity
Which type of environment includes suppliers and customers?
External macro environment
External micro environment
Internal environment
Legal environment
