BUSINESS ENVIRONMENT

MCQ (UNIT:- 1)

 Which internal environment from the following is considered as weakness?

(a) Experienced employees
(b) Single product line
(c) Resources
(d) Data and knowledge

 Which factor is not considered as economic environment?

(a) Government Policy
(b) Demand
(c) New technology
(d) Competition

 Which environment is not included in micro environment?

(a) Constitutional Environment
(b) Suppliers
(c) Natural Environment
(d) Public

 Which environment is not included in macro environment?

(a) Economic environment
(b) Market middlemen
(c) Cultural environment
(d) Demographic environment

 Which detail of competitor is not required?

(a) Product of competitor
(b) Education of competitor
(c) Advertisement of competitor
(d) Sales promotion schemes

 From the following, which is not a characteristic of business?

(a) Objective of profit
(b) Risk element
(c) Commerce graduate
(d) Uncertain return

 Which is not included in business which produce goods?

(a) Dairies
(b) Fisheries
(c) Transportation
(d) Mines

 Which is not included in business which produce services?

(a) Farms
(b) Electric power producing
(c) Telephone services
(d) IT providers

 Which matter from the following is not included in geographical matter?

(a) Regional growth
(b) Water
(c) Electricity
(d) Transportation
 From the following, which is not included in cottage industries?
(a) Khadi
(b) Groundnut oil
(c) Incense stick
(d) Carpentry

 What is the investment limit of small scale industry?

(a) 10 to 25 lakhs
(b) 25 lakhs to 1 crore
(c) 25 lakhs to 5 crore
(d) 10 lakhs to 1 crore

 What is the investment limit of large scale industries?

(a) More than 25 lakh
(b) More than 10 crore
(c) More than 50 lakh
(d) More than 5 crore

 Which is not a technique for environmental analysis?

(a) Verbal and written information
(b) Opinion of experts
(c) Search and scanning
(d) Spying

 Which element is included in economic forecasting?

(a) Price trend
(b) Per capita income
(c) Distribution of income
(d) Suggested all
 From the following, which is not a method of scenario building?
(a) Premising method
(b) Drawing sketch method
(c) Critical site method
(d) Newspaper headline method

 Strategic issue analysis is a qualitative technique for assessing strategic environmental

issue
(a) Qualitative
(b) Quantitative
(c) Scientific
(d) Comparative

 Which is not a limitation of environmental forecasting from the following?

(a) Time consuming process
(b) Estimate of success
(c) Based on assumption
(d) Environment is flexible

 Which matter from the following is not considered in social and cultural environment?
(a) Customers
(b) Belief
(c) Purchase habits
(d) Quality of product

 Which is not included in the business which deal in financial services?

(a) Commercial bank
(b) Stock exchange
(c) Importer
(d) Financial institution

 Which of the following is included in medium scale industry?

(a) Industry of artistic things of metal
(b) Machinery
(c) Railway equipment
(d) Iron

 In financial factor, which matter from the following is not considered?

(a) Period of re-payment
(b) Rate of return
(c) Skilled workers
(d) Reinvestment of profit