Class 12 Business Studies Chapter 3 Business Environment Quiz 14 (60 MCQs)

Quiz Instructions

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1. Define corporate social responsibility (CSR).
2. After new economic policy customers became more demanding
3. What does liberalisation in the context of business environment mean?
4. How do legal regulations impact business operations?
5. LPG or Liberalization Privatization and Globalization were a part of which Indian Policy:
6. Which of the following would be an example of financing from internal sources?
7. What is the role of the judiciary in the business environment?
8. A company with outdated machinery and poor workforce morale is facing challenges due to its:
9. This characteristic of a Mixed Economy describes the natural rivalry created when two businesses offer the same, or similar, goods.
10. Economic factors include economic growth, interest rates, exchange rates, inflation, disposable income of consumers and businesses
11. Population is a component of the total ..... environment, while composition of population is component of ..... environment.
12. Which model is used to analyze competitive structure?
13. Why is Continual innovation important to business success today?
14. ..... means transfer of ownership, management and control of public sector enterprises to entrepreneurs in the private sector.
15. What can a business do when consumer patterns change?
16. What does the term 'strikes' refer to in a business context?
17. What is the primary reason for managing change in a business?
18. What is the primary focus of the public sector?
19. Ali is studying international relations and learns about the impact of international treaties on countries. What is the limitation of sovereignty in international treaty arrangements?
20. Social pressures against child labour leading to enactment of laws is an example of
21. At each organization's core should be a commitment to
22. How can government influence change in a business?
23. Reducing the role of Public Sector and increasing the role of Private Sector fall sunder .
24. What must businesses do when there is pressure from the macro environment?
25. In a large organization that utilizes a project management office (PMO), who is responsible for managing the governance of projects?
26. Which of the following is an example of a threat in the external environment?
27. ..... is a period of above normal general price increases, as reflected in the consumer and wholesale price index.
28. It is the degree to which a society emphasizes individual accomplishments versus collective accomplishments.
29. "Baby milk powder should necessarily inform the buyers that mothers milk is the best for the baby." Which component of business environment is highlighted in this case?
30. What can happen if a company fails to comply with legal regulations?
31. It summarizes the cash receipts and cash disbursements for the accounting period.
32. In a command economy, economic decisions are made by the
33. Fiscal Policy is controlled by .....
34. Which of the following is a way that businesses can plan proactively for environmental changes:
35. According to the European Commission, a business that employs fewer than 250 persons and has an annual turnover not exceeding EUR 50 million is classified as
36. Which of the following best defines the term business environment?
37. Apa peran tren dalam menganalisis lingkungan bisnis?
38. The PESTLE analysis is used to analyse which business environment?
39. What role does customer feedback play in a company's marketing environment?
40. 10) HUL and several other FMCG companies launched small sachets of shampoo and other products according to the needs of the customers.
41. What type of business activity does a Vulcanizing shop has?
42. Which of the following is a secondary stakeholder?
43. Tax on factory workers weekly wage is known as
44. Business and environment are inseparable from each other.
45. The following are key trends in age structure of the population EXCEPT
46. If an economy experiences a dramatic rise in prices, which fiscal policy action could be taken?
47. Why do businesses operate globally?
48. How do internal factors differ from external factors in the business environment?
49. New competition in the market, Price wars, Competitors oligopoly and monopoly, Taxation policy of the government etc will provide ..... to the business.
50. All are the features of business environment, except:
51. Investing the business profits at a rate that grows faster than inflation is also known as:
52. A 'subsystem' is:
53. Business environment includes
54. ..... is considered a major element of the political environment:
55. Which of the following best describes a not-for-profit organisation?
56. Which of these challenges in the market environment can lead to higher productivity and better innovation?
57. The theory of survival of fittest is formulated by
58. Within the micro environment, the 'interest group' refers to:
59. Which of the following is a reason for business owners to make a difference?
60. Which is not a general force environment?