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Class 12 Business Studies Chapter 3 Business Environment Quiz 20 (60 MCQs)

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1. Which environment should be the first step we must check before we do business?
2. Which type of environment includes suppliers and customers?
3. What role does infrastructure play in the tourism business environment?
4. What is the primary purpose of environmental analysis in business?
5. 9) ITC planned for new hotels in India after knowing that increase in India's share of world tourism. Identify the importance of Business environment.
6. TRUE OR FALSE:A retailer of gold jewelry is not affected by changes in the prices of gold.
7. Which of the following is a reason a company might organize itself under the laws of a different country than its home country:
8. The forces in business environment that effect all the business houses are known as
9. Which part of the internal environment are the most important asset?
10. High GDP with low population will result into
11. A crisis is .....
12. What is an example of a noneconomic want?
13. The increase in demand for many ayurvedic medicines, health products and health services in the past few months, is related to the need for building immunity and increase awareness for health care due to the spread of corona virus. identify the feature of the business highlighted above.
14. What is a company's marketing environment?
15. The large number of Korean restaurants in Malaysia, is an example of ..... in cultural environment.
16. Freedom in fixing prices of goods and services
17. The various components of External Business Environment are ..... Choose the option that is not correct.
18. In the EU, money to support rural development and to encourage rural restructuring may be obtained chiefly from?
19. Which of the following is an example of an internal factor affecting a company's performance?
20. Globalization can be an advantage for businesses because it
21. In which year FERA is replaced with FEMA?
22. Which of the following is not an internal stakeholder group?
23. Which macro environmental factors influences the values the business operates under and guides the way they act? This could include Fair Trade choices and Sustainability practices.
24. Which analysis tool helps identify opportunities and challenges?
25. As per the Sale of Goods Act, property in the Good means
26. The presence of one or more competitors can reduce the prices of goods and services as the companies attempt to gain a larger market share.
27. Which of these is an example of a business environment factor?
28. What does the complexity of the business environment involve?
29. Which of the following is a consequence of demonetisation?
30. Which of the following is the most likely outcome when there is a fall in consumer confidence?
31. During a class discussion, Priya asked about the principle of sovereign immunity. What does this principle entail?
32. Business has ..... control over the MARKET Environment
33. Which of the following is a sign of poor ergonomics at a workstation?
34. Which is a responsibility of a business
35. The way a Business divides, organises and coordinates its activities is an example of which Internal Environmental factor?
36. What does the competitive environment refer to in a business context?
37. What is a substitute product?
38. A characteristic of an economic service is that it is:
39. A software developer is designing a system for multiple stakeholders. What is the biggest risk if stakeholder needs conflict?
40. Business environment is a ..... concept since it differs from country to country and even region to region
41. What are some factors that can lead to changes in consumer behavior?
42. Which emergency number should you call in the United States for immediate assistance?
43. Acceptance must be conditional
44. Laura is part of a group that is traveling to the state capitol to convince legislators to pass laws that are favorable for small businesses. This is a practice known as
45. When the company organises sport meet for the general public for a particular locality
46. A market structure that features no barriers to entry and has anunlimited number of businesses selling the same products is a/an:
47. Apa tujuan utama dari melakukan analisis pesaing?
48. ..... influence the quality level of the products
49. Amy is worried about adjusting in her new company. She is especially concerned about her ability to cope with the 'deeper culture'. What aspects of culture should Amy look out for so that she is better able to understand the deeper culture of the new company?
50. Environmental degradation occurs because of
51. In a SWOT analysis, which factors are considered internal to the organization?
52. There has been a drought in South Africa. Which of the PESTLE factors would this fall under?
53. A company's core competencies are part of its:
54. Retailing occurs wherever goods are:
55. How does technology affect a business's customers?
56. What impact do social factors have on the business environment?
57. Trade restrictions have just been lifted, allowing your company to expand trade globally,
58. INDIA comes under?
59. What are internal environmental factors?
60. How to prepare yourself for the future?
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