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

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1. What does the business environment refer to?
2. Apa istilah yang digunakan untuk menggambarkan intensitas persaingan dalam suatu industri?
3. What is the significance of the business environment?
4. Which of the following is NOT a type of social mobility?
5. Which of the following is a likely effect on a business, of increasing tax rates for both individuals and businesses?
6. Bond paper, envelopes, folders are examples of .....
7. This is an example of economic environment
8. Which one of the following is NOT an external influence
9. What does the 'S' in SMART goals stand for?
10. ..... is an economic system based on the principal of free enterprise
11. How do demographic changes influence tourism trends?
12. What is considered the most crucial component of the internal environment?
13. In Porter's Five Forces, the 'threat of new entrants' relates to:
14. A company's strong brand name is considered a:
15. Name three components of the external business environment.
16. What can legal factors include?
17. A Manager who knows how to perform the specific kind of work being performed in an organisation has ..... skills.
18. Which market involves buying and selling shares in public companies
19. What is an example of a political risk that businesses might face?
20. Fundamental right of education for 6 to 14 year olds is
21. In today's world, the flow of goods and services is not only cheap and fast, but reliable and secure. You can order anything you wish from any part of the world. Internet has been connecting people without any limitations or boundaries in the way of doing business. Identify the concept being described in the above lines.
22. List the main components of the business environment.
23. What impact does corporate social responsibility have on a company's reputation?
24. What is a weakness in a business?
25. What is the main objective of the EXIM policy in India?
26. What are the factors contributing to the growth of Indian industries in the global market?
27. One of the biggest barriers that separates countries/regions is
28. A project manager has discovered that a key supplier may not be able to meet their contractual obligations due to new trade restrictions. What is the best course of action for the project manager?
29. These are not parts of the macro environment:
30. The process of measuring or comparing one's own products, services, and practices with those of the recognized industry leaders in order to identify areas for improvement.
31. How can tourism businesses adapt to changing consumer preferences?
32. Can brand loyalty create significant barriers for new entrants in an industry?
33. Apa faktor kunci dalam memahami lingkungan bisnis?
34. During a Model United Nations conference, Zajeeba and Rupesh are discussing which organizations play an important role in the enforcement of international law alongside states. What is their conclusion?
35. Which of the following is an internal factor influencing change in a business?
36. The economic system that adopts the fewest new ideas or improvements is:
37. Which economic sector would manufacturing of Cream Soda and Sprite be part of?
38. The Hawthorne Effect argues that:
39. Demonetization was launched on 1st November 2016
40. When the prices of iPhones increase, the quantity of iPhones offered for sale will increase. This is an example of the law of:
41. Reduction in custom duties
42. An invitation to treat is a kind of offer
43. Pertumbuhan yangsaling berkaitan dengan ekonomi, budaya, dan populasi dunia, yang disebabkan olehperdagangan lintas batas antar barang dan jasa, teknologi, arus investasi, manusia, dan informasi.
44. What is a common interest of employees as stakeholders?
45. Which of the following best describes the purpose of an organisation?
46. A challenge related to a natural disaster is a factor in the ..... business environment.
47. Which factor of the External Operating Environment is affected when a rival business makes changes to its product or pricing?
48. An increase in the inflation rate affects businesses by:
49. Which macro environmental factors impact the level of consumer confidence and spending due to inflation and interest rates?
50. When did government of India make an announcement regarding demonetisation of rs.500 and Rs.1000 currency notes?
51. What is environmental scanning in the context of tourism?
52. What is a want that can be satisfied by spending money to consume a good, service, or leisure activity?
53. Last five year plan period is
54. Which of the following best describes the term 'trend' with regards to societal attitudes?
55. Micro-environment includes all of the following EXCEPT:
56. Demonetisation had direct impact on
57. An aging population, changes in family structure, lifestyle changes, societal trends, higher education levels, diversity in the workplace are examples of which macro environmental factors?
58. Which of the following EU legal documents are binding exclusively on those states, companies or individuals to whom they are addressed?
59. Which of the following would NOT be a support service generally provided by an accountant?
60. It is a form of business organizations usually owned by one person, usually, the individual who has day-to-day responsibility for running the business.
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