12th Class Business Studies Business Environment Question Bank

done Passage Based Questions Total Questions - 8

• question_answer1)

  Direction Q. 1 to 3

  Read the given passages and answer the questions that follow:

  I. Lately many companies have planned for significant investment in organised retailing in India. Several factors have prompted their decisions in this regard. Customer income is increasing People have developed a taste for better quality products even though they may have to pay more. The government permitted cent percent foreign direct investment in some sectors of retailing.

  “People have developed a taste for better quality products even though they may have to pay more”. Identify the business environment highlighted in this statement.
  A)
  Economics done clear
  B)
  Social done clear
  C)
  Political             done clear
  D)
  Technological done clear
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• question_answer2)
  “The government permitted cent percent foreign direct investment in some sectors of retailing”. Identify the business environment.
  A)
  Social    done clear
  B)
  Political done clear
  C)
  Economics         done clear
  D)
  Technological done clear
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• question_answer3)
  “Customer income is increasing Identify the business environment”.
  A)
  Economic done clear
  B)
  Social done clear
  C)
  Technological done clear
  D)
  Political done clear
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• question_answer4)

  Direction Q. 4 to 8

  Read the given passages and answer the questions that follow:

  II. Goa Rice Ltd. is a famous rice producing company. The sales have been falling down right from the beginning of the year. The Managing Director Mr. Adarsh is worried about this situation. With a view to find the solution to this problem, he made a team of four people- In this team, one manager, one deputy manager, one superintendent and one senior worker were included. After the survey, he told the following four reasons behind the company's declining sales.

  (i) Due to the availability of several eatable substitutes, the attention of people has been diverted from rice.

  (ii) Some other rice producing companies have setup imported machines with which they are producing better quality.

  (iii) The export has been affected on account of bitterness in relations with one of the chief rice importing countries.

  (iv) Due to increase in export duty by the government, foreign demand has decreased.

  When this report reached the Managing Director, he arrived at the conclusion that all these changes had taken place so fast that they had not been able to deal with them in time.

  “On account of increase in export duty the foreign demand has decreased”. Identify the environment of business highlighted in this statement.
  A)
  Social    done clear
  B)
  Economic done clear
  C)
  Political done clear
  D)
  Legal done clear
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• question_answer5)
  “Due to the availability …… diverted from rice.” Identify the highlighted business environment.
  A)
  Legal done clear
  B)
  Social done clear
  C)
  Economic          done clear
  D)
  Political done clear
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• question_answer6)
  “Some other rice producing ……better quality”. Identify the highlighted business environment.
  A)
  Social done clear
  B)
  Economic done clear
  C)
  Technological done clear
  D)
  Legal done clear
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• question_answer7)
  'The export has been affected prominent rice importing countries.” Identify the highlighted business environment.
  A)
  Political done clear
  B)
  Social done clear
  C)
  Economic          done clear
  D)
  Legal done clear
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• question_answer8)
  Which point of importance of business environment has the Managing Director admitted his inability to deal with them in time?
  A)
  Tapping useful resources done clear
  B)
  Coping with rapid changes done clear
  C)
  Improving performance                done clear
  D)
  Identifying threats and early warning signals done clear
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