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question_answer1)
Which element of business environment is shaped by beliefs and customs of people?
A)
Legal environment done
clear
B)
Economic environment done
clear
C)
Social environment done
clear
D)
Political environment done
clear
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question_answer2)
"Increasing trend towards E-Commerce" is an example of.
A)
Economic environment done
clear
B)
Technological environment done
clear
C)
Social environment done
clear
D)
Political environment done
clear
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question_answer3)
"Indian Government has started diluted its stake in public enterprises." Which concept is being highlighted?
A)
Globalisation done
clear
B)
Liberalisation done
clear
C)
Privatisation done
clear
D)
None of the above done
clear
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question_answer4)
"The Trade Unions Act, 1926" is an example of
A)
Legal environment done
clear
B)
Economic environment done
clear
C)
Social environment done
clear
D)
Political environment done
clear
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question_answer5)
Which of the following is an outcome of privatisation and liberalisation
A)
Globalisation done
clear
B)
Privatosation done
clear
C)
Liberalisation and Globalisation done
clear
D)
Privatisation done
clear
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question_answer6)
Which of the following aims to restrict the role of public sector?
A)
done
clear
B)
Liberalisation done
clear
C)
Globalisation done
clear
D)
All of the above done
clear
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question_answer7)
_____resulted in abolishing of licensing requirements in most of industries.
A)
Privatisation done
clear
B)
Liberalisation done
clear
C)
Globalisation done
clear
D)
None of these done
clear
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question_answer8)
LCD monitors is place of Analog monitors is an example of_____ environment.
A)
Social done
clear
B)
legal done
clear
C)
Technological done
clear
D)
political done
clear
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question_answer9)
Economic environment consist of
A)
Economic conditions done
clear
B)
economic policies done
clear
C)
Industrial policies done
clear
D)
All of the above done
clear
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question_answer10)
.........are a feature of the micro environment of an organisation.
A)
Legal factors done
clear
B)
Economic factors done
clear
C)
Social factors done
clear
D)
Customers done
clear
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question_answer11)
What does the term 'third sector' refer to?
A)
The high technology industries done
clear
B)
The service sector done
clear
C)
The voluntary sector done
clear
D)
Small and Medium sized Enterprises (SMEs) done
clear
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question_answer12)
What is the meaning of Business Environment?
A)
It is a sum total of all individuals done
clear
B)
It is a sum total of all the individuals, and institution done
clear
C)
It is a sum total of all the individuals, institution and external forces done
clear
D)
it is the sum total of public and private forces done
clear
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question_answer13)
Which of the following is a feature of the micro environment of an organisation?
A)
Distribution channel factors done
clear
B)
Social factors done
clear
C)
Economic factors done
clear
D)
All of the above done
clear
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question_answer14)
Globalisation is an example of which macro environment factor?
A)
Economic done
clear
B)
Social done
clear
C)
Political done
clear
D)
Technological done
clear
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question_answer15)
Which of the following is not an environmental force, which must be monitored by marketers?
A)
Demographic done
clear
B)
Natural done
clear
C)
Political-legal done
clear
D)
Mega trends done
clear
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question_answer16)
.........are features of macro environment.
A)
Intermediaries done
clear
B)
Customers done
clear
C)
Competitors done
clear
D)
Legal frameworks done
clear
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question_answer17)
Which of the following is not an element of the micro environment of business?
A)
Suppliers done
clear
B)
Competitors done
clear
C)
Trade Policy done
clear
D)
Public done
clear
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question_answer18)
Which of the following is not identified as an element of the mega environment?
A)
Technological factors done
clear
B)
Legal-political situations done
clear
C)
Socio-cultural factors done
clear
D)
Organisational culture done
clear
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question_answer19)
Organisations can adopt to environmental fluctuations by
A)
Forecasting done
clear
B)
Monitoring competitors done
clear
C)
Only operating in the domestic market done
clear
D)
diversifying done
clear
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question_answer20)
When considering the role of perception in scanning the business environment, an individual
A)
Possess a limited threshold of awareness done
clear
B)
Has a short list of cues about the environment done
clear
C)
Has a narrow perceptual window of the environment done
clear
D)
All of the above done
clear
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question_answer21)
Analysing the business environment best assists in
A)
Identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses done
clear
B)
auditing macro environmental influences; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats done
clear
C)
auditing external and organisational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats done
clear
D)
Assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position done
clear
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question_answer22)
Which of the following is not the component of Social Environment?
A)
Composition of Family done
clear
B)
Population Dynamics done
clear
C)
Life expectancy done
clear
D)
GDP Growth done
clear
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question_answer23)
Which of the following statements is/are correct? |
I. Increasing in technology will benefit in expansion of business. |
II. Social environment for business provides freedom of choice to consumer. |
Select the correct answer using the codes given below. |
A)
Only I done
clear
B)
Only II done
clear
C)
Both I and II done
clear
D)
Neither I nor II done
clear
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question_answer24)
An organisations clients, competitors, suppliers and employees are typical segments of the
A)
Internal environment done
clear
B)
Stakeholder group done
clear
C)
mega-environment done
clear
D)
Task environment done
clear
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question_answer25)
Which environment refers to all those forces that have economic impact on the business activities?
A)
Legal done
clear
B)
Social done
clear
C)
Economic done
clear
D)
Political done
clear
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question_answer26)
Understanding of which environment is important to determine products, services and standards of conduct that are acceptable to society?
A)
Political done
clear
B)
Social done
clear
C)
Economic done
clear
D)
Legal done
clear
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question_answer27)
All business firms are affected by policies and practices of the government is an example of____ environment.
A)
Social done
clear
B)
legal done
clear
C)
Economic done
clear
D)
political done
clear
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question_answer28)
The external environment is composed of
A)
The general and task environment done
clear
B)
The task environment and the cultural environment done
clear
C)
The global environment and the ecological environment done
clear
D)
The mega environment and the industry environment done
clear
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question_answer29)
Government promotion of e-commerce adoption is an example of which environment factor?
A)
Political done
clear
B)
Technological done
clear
C)
Legal done
clear
D)
Social done
clear
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question_answer30)
Customer opinions about using the internet are an example of which environment factor?
A)
Social done
clear
B)
Legal done
clear
C)
Technological done
clear
D)
Political done
clear
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question_answer31)
Which is not one of the elements of a company's external micro environment that need to be assessed during situation analysis for e-marketing?
A)
Demand analysis done
clear
B)
Supplier analysis done
clear
C)
Competitor analysis done
clear
D)
None of the above done
clear
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question_answer32)
Which of the following is a cultural constraint from the e-commerce macro environment?
A)
Propensity for consumers to purchase online done
clear
B)
Likelihood of fraudulent transactions done
clear
C)
Opt-into e-mail required to avoid SPAM done
clear
D)
Taxation at source of purchase done
clear
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question_answer33)
The ......... environment contains institutions and other forces that affect society's basic values, perceptions, preferences and behaviours.
A)
Natural done
clear
B)
business done
clear
C)
Cultural done
clear
D)
consumer done
clear
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question_answer34)
Match the following
List I (Environment) | List II (Example) |
A. | Micro environment | 1. | Interest Rate |
B. | Macro environment | 2. | WTO Restrictions |
C. | Political environment | 3. | Suppliers |
D. | Global environment | 4. | Planning Commission |
Codes
A)
A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 done
clear
B)
A\[\to \]1, B\[\to \]4, C\[\to \]1, D\[\to \]2 done
clear
C)
A\[\to \]1, B\[\to \]3, C\[\to \]2, D\[\to \]4 done
clear
D)
A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1 done
clear
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question_answer35)
Match the following
List I (Economic System) | List II (Feature) |
A. | Social | 1. | Fuel price is the primary concern of IA |
B. | Political | 2. | It carries various type of passenger |
C. | Economic | 3. | It can't use air bus for all the sector |
D. | Physical | 4. | It come under the Ministry of Civil Aviation |
Codes
A)
A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 done
clear
B)
A\[\to \]2, B\[\to \]4, C\[\to \]3, D\[\to \]1 done
clear
C)
A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 done
clear
D)
A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1 done
clear
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question_answer36)
Match the following
List I (Economic System) | List II (Feature) |
A. | Natural environment | 1. | High research and development budget |
B. | Technological environment | 2. | People's view on nature |
C. | Political environment | 3. | Increase cost of energy |
D. | Cultural environment | 4. | Increase in public interest group |
Codes
A)
A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 done
clear
B)
A\[\to \]2, B\[\to \]4, C\[\to \]3, D\[\to \]1 done
clear
C)
A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 done
clear
D)
A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1 done
clear
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question_answer37)
Which of the following components was not associated with New Economic Policy?
A)
De-reservation of public sector enterprises done
clear
B)
Reduction of tax rate and unnecessary controls done
clear
C)
Maintain low fiscal Deficit done
clear
D)
Removal of restriction on the movement of goods and service. done
clear
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question_answer38)
Globalisation can create problem for business because
A)
It can result in more competition done
clear
B)
It decreases the price of goods and services done
clear
C)
It decrease the uncertainty in operations done
clear
D)
It increases vulnerability to political risk done
clear
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question_answer39)
The transfer of asset from public to the private sector is referred to as
A)
Privatization done
clear
B)
deregulation done
clear
C)
Owneris done
clear
D)
nationalisation done
clear
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question_answer40)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) The internal factors are generally regarded as controllable factors. |
Reason (R) Since, the company has control over internal factors |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
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question_answer41)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) Micro environment is also known as operating environment of business. |
Reason (R) Micro environment forces have a direct bearing on the operations of the firm. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
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question_answer42)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) Desire competition is generally very high in countries characterised by limited disposable incomes. |
Reason (R) In competitive world the firms has to compete, not only the other firms which market the same or similar products, but also all those who compete for the discretionary income of the consumer. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
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question_answer43)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) The private proprietorship is replaced by social ownership as and when we move from a capitalist system to a socialist system. |
Reason (R) Under socialism properties are managed by the state. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
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question_answer44)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) High intensity of competitive rivalry can make an industry more competitive and decrease profit potential for the existing firms. |
Reason (R) Industry with excess production capacity will have greater rivalry among competitors. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
View Solution play_arrow
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question_answer45)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) Business environment does not affect much the decision-making of the companies. |
Reason (R) Business environment is related to all external forces outside the organisation. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
View Solution play_arrow
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question_answer46)
Direction: In the questions given below are two statements labelled as Assertion and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) Environmental understanding provide enough information regarding the need of consumers. |
Reason (R) Environmental understanding is not an early warning system. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
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question_answer47)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) LPG reforms was centred on economic policy perspective of India. |
Reason (R) Mounting trade bill in negative scale was the reason for the adoption of LPG. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
View Solution play_arrow
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question_answer48)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? |
Assertion (A) The image and brand equity of the company matters a lot in raising finance forming joint ventures and other alliance. |
Reason(R) The main motive of any business should be wealth maximisation. |
Codes
A)
Both A and R are true and R is the correct explanation of A. done
clear
B)
Both A and R are true, but R is not the correct explanation of A. done
clear
C)
A is true, but R is false. done
clear
D)
A is false, but R is true. done
clear
View Solution play_arrow