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BUSINESS STUDIES UNIT TEST -II DATE:

TIME : 90 Min MAX. MARKS:50

SECTION -A
I. Answer the following questions. (4x1=4)
1. FDI means _________
2. Interest rate is an example for ________ environment.
3. What is a budget.
4. Expand LPG.
SECTION-B
II. Answer any 5 of the following questions. (5x2 =10)
1. Give the meaning of the term Business Environment.
2. State the element of Business Environment.
3. Define Planning.
4. Mention four types of plan.
5. Distinguish between policies and procedures.
6. What is globalization?

SECTION- C
III. Answer any 5 of the following questions. (5x4=20)
1. Explain Importance of Planning.
2. Explain briefly limitation of planning.
3. Explain briefly the features of business Environment.
4. Explain briefly the importance of Business Environment.
5. Explain briefly the impact of LPG concept on the working of entrepreneur in India business
and industry.
6. Explain the feature of planning

SECTION-D
IV. Answer any 2 the following Questions. (2x8=16)
1. Explain with examples the various dimension of business environment with examples
2. Explain the various steps involved in the planning process.
3. Explain the types of plan

******ALL THE BEST*******