Business Environment MCQs
Business Environment MCQs
Our team has conducted extensive research to compile a set of Business Environment MCQs. We encourage you to test your Business Environment knowledge by answering these 100+ multiple-choice questions provided below.
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1: In which of the following basic categories can business environment be divided?
A. Local and Regional
B. Regional and National.
C. Internal and External.
D. Financial and Nonfinancial.
2: ____ is a statement Which derives the role that an organization plays in a society.
A. Goals.
B. Mission
C. Objective
D. Success
3: Economic environment refers to all forces which have a _____.
A. political
B. natural
C. economic
D. social
4: ______environment is with in the control of the business.
A. Internal
B. External
C. Micro
D. Macro
5: ____ environment is beyond the control of the business.
A. Internal
B. External
C. Micro
D. Macro
6: Micro environment is also called as ________.
A. general environment.
B. operating environment.
C. economics environment.
D. political environment
7: Macro environment is also called as _______.
A. general environment.
B. operating environment.
C. economic environment.
D. political environment.
8: The environment which is close to business and affect its capacity to work is known as ___environment.
A. internal.
B. external
C. micro
D. macro
9: Factors that create opportunities and threats to business units is known as_______.
A. internal environment
B. external environment.
C. micro environment
D. macro environment.
10: Internal factors affecting a business environment also are referred to ____factors.
A. controllable
B. uncontrollable factors.
C. relevant
D. global
11: External factors affecting a business environment also be referred to ___factors.
A. controllable
B. uncontrollable
C. relevant
D. global
12: Study of human population is called as _____ environment.
A. political
B. social
C. demographic
D. economic
13: . IN which year the essential commodities act introduced___.
A. 1954
B. 1955
C. 1956
D. 1957
14: Which is the one not included in national culture?
A. Language
B. Internet
C. Belief
D. Attitude
15: Culture spreads from one place to anther and such transmission is called as ________.
A. difference
B. reputation
C. adoption
D. heritage
16: An attitude composed of effect____.
A. flextime
B. cognition
C. relationship
D. culture
17: What is the main occupation of Kshatriyas?
A. engage in cleaning.
B. engaged in trade.
C. engaged in army work.
D. none of the above
18: A systematic application of scientific knowledge to practical task is known as________.
A. technology
B. culture
C. demograpic
D. legal
19: ___ is defined as systematic assessment of the social impact of the activities of a business firm.
A. Social audit.
B. Social responsibility
C. Social interaction.
D. Social benefit.
20: What are the elements of business ethics?
A. Values rights and duties.
B. attitudes pressure and environment
C. value environment and attitude
D. Responsibilities.
21: Corporate values are the _______ of the corporate sector.
A. shared values
B. moral beliefs.
C. customer satisfaction
D. goodwill
22: The economic system in which business units or factors of production are privately owned and governed is called as______.
A. capitalism
B. socialism
C. democratic
D. republic
23: The economic system in which both public and private sectors co exist is known as ___economy.
A. capitalism
B. socialism
C. democratic
D. republic
24: One Reserve Bank of India introduced certificates of deposit in ____.
A. 1964
B. 1989
C. 1986
D. 1990
25: Fical policy refers to the policy of government regarding taxtation public expenditure and ____.
A. public debt.
B. budgets
C. policies
D. deposits
26: The sixth plan mentions 17 criteria for determining the prevalence of ____.
A. poor
B. academician
C. backwardness
D. business
27: Fiscal policy is called as ______ policy.
A. monetary
B. budgetary
C. industrial
D. economic
28: One concept of culture determines the ___ of people.
A. experience
B. ethics
C. education
D. wealth
29: Self fulfillment and immediate gratification are_____cultural values.v
A. Self fulfillment and immediate gratification are_____cultural values.
B. rises
C. diminishes
D. corporte
30: National stock exchange was set up a joint stock company by all indian financial institution and banks on November 27 ____.
A. 1991
B. 1992
C. 1993
D. 1994
31: Which can be a method of privation?
A. Denationalization
B. Purchasing shares.
C. Takeover
D. Merger
32: In India liberalization and privatization began from____.
A. 1991
B. 1971
C. 1981
D. 1947
33: Industrial policy of 1948 aimed at ______.
A. ndustrialization
B. growth of agriculture.
C. development of infrastructure .
D. development of service sector
34: _______ state can have an elected or hereditary head.
A. Democratic
B. Autocratic
C. Socialized
D. Republic
35: The era of deregulation / liberalization begin in ___.
A. 1950and51
B. 1980
C. 1991
D. 1960
36: ___________ occupies the central place in business.
A. People
B. Raw material.
C. Labour
D. Finished goods.
37: India is good example for ________economy.
A. socialist.
B. mixed
C. capitalist
D. communist
38: Business includes _____.
A. . non-economic activities.
B. economic activities.
C. social activities.
D. production activities
39: What is the single word that can best describe today s business?
A. Technology
B. Profit Making.
C. Change
D. People
40: Is the modern business dynamic?
A. mass production
B. . mass marketing.
C. mass sales.
D. mass purchase.
41: A valid definition of a business purpose is to _______.
A. create a customer.
B. maximize profits
C. serve the society.
D. increase the wealth in the firm
42: 2. Is todays business is not characterized by diversification?
A. Social relationship.
B. Profit
C. Customers
D. Assets
43: 2. Is todays business is not characterized by diversification?
A. Social relationship.
B. Profit
C. Customers
D. Assets
44: 2. Is todays business is not characterized by diversification?
A. Social relationship.
B. Profit
C. Customers
D. Assets
45: Is interference of government in business is common in every country?
A. 1960
B. 1970
C. 1980
D. 1990
46: Is interference of government in business is common in every country?
A. 1960
B. 1970
C. 1980
D. 1990
47: ____refers to the system of moral principles and rules of conduct applied to business.
A. Business culture.
B. Business ethics.
C. Business
D. Society
48: Competition is beneficial to the competing firms besides benefiting the ______?
A. producers.
B. intermediaries.
C. finances
D. consumers
49: What are the main concepts concerning about business goals or objectives?
A. Mission, objectives.
B. Mission , targets
C. Mission, objectives, target.
D. Target, objectives.
50: What are the main concepts concerning about business goals or objectives?
A. Mission, objectives.
B. Mission , targets
C. Mission, objectives, target.
D. Target, objectives.
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