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Class 12 Business Studies Chapter 3 Business Environment Quiz 24 (60 MCQs)

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1. Which sector is funded and controlled by the government?
2. Discuss the economic benefits of tourism for a country's economy.
3. What is a key factor in the microenvironment?
4. Which macro environmental factors are influenced by the regulations imposed by Australia's three levels of Government such as taxes and trade regulations?
5. What are the key components of the economic environment?
6. An example of Opportunities or Threats from the external environment
7. The demographic environment is part of the ..... environment.
8. An egotistic manager is a manager:
9. Hoping to duplicate the success achieved by Japan, Korea, and other Asian nations, many developing countries are:
10. In SWOT analysis, which quadrant represents positive, external factors?
11. Tecnological Advancement is an .....
12. Environmental analysis is a process used by organizations to monitor their external and internal environments.
13. Where do we find documents such as the Memorandum of Association and Articles of Association?
14. What is a potential challenge for businesses operating in politically unstable regions?
15. What is one of the purposes of analyzing market trends?
16. What does the term 'sustainable practices' refer to in modern business?
17. How does an increase in disposable incomes affect demand for a product?
18. ..... consists of all those factors (Internal and External) that affect the working of a business.
19. Includes the political system, the government policies and attitude towards the business community and the unionism. The environment being described here is social environment.
20. A sudden change in taxation policy by the government is an example of which type of environmental factor?
21. The announcement of 21 days nationwide lockdown and its extension subsequently by the Hon'ble Prime Minister of India in times of COVID-19 pandemic comes under which component of business environment?
22. ..... is not an ingredient of political environment.
23. Of the following methods of entering a foreign market, which is the least risky?
24. ..... is not a feature og business environment.
25. Unlimited choice of customers, suppliers & competitors belongs to which environment?
26. There is no benefit of globalization to Indian economy.
27. When young people prefer online shopping instead of visiting malls, it shows a change in:
28. Can a small number of powerful suppliers force companies to pay higher prices for raw materials?
29. The technological environment influences the business in terms of investment in technology, consistent application of technology, and the effect of technology on markets.
30. What capability does technology provide regarding data?
31. Which of the following is considered an external factor in the business environment?
32. How does the business environment influence the performance of a business?
33. Who has full control over the micro-environment?
34. Why do primary stakeholders often require more direct engagement from organizations?
35. Which of the following is a component of the external business environment?
36. It is compulsory that advertisement on baby food must inform that mother's milk is thebest is related to
37. Literacy level is an aspect of ..... Environment
38. How does government policy influence foreign investment in India?
39. Major theories of the firm's international expansion
40. Which ethical principle has been breached in this situation?The accounts manager allows a customers extra discount and it is found that the customer is the Accounts Manager's close friend
41. Business environment is said to be dynamic because:
42. What are the primary components of the business environment?
43. What role does government policy play in the business environment?
44. All of the following statements are true of external stakeholders except:
45. Why do businesses focus on corporate social responsibility (CSR)?
46. Forces and events outside a company have the potential to influence or affect it.
47. Firm buys a controlling or 100% interest in another firm called .....
48. Which factor is a barrier to small-business and entrepreneurial success?
49. Business environment has tremendous impact on
50. Where persons reciprocally promise, firstly to do certain things which are legal, and, secondly under specified circumstances, to do certain other things which are illegal:
51. What is the significance of market trends in the business environment?
52. Disadvantage of Central Planned Economy
53. It includes all internal and external factors that affect the performance of the company.
54. Disinvestment of shares of public sector industrial enterprises.
55. What is the impact of an increase in interest rates on spending power?
56. What is the meaning of competitive rivalry companies in the industry?
57. Name the term or process which indicates the induction of private ownership in state owned undertakings.
58. In how many types environmental factors can be classified?
59. Some interested groups have demands based on their concern for issues.
60. During a class discussion on international law, Sagar asked, "What does 'jus cogens' refer to in international law?"
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