Business Environment & Ethics Fall 2023-24

Substitute for Quiz (1) 10 marks 15 minutes

Name:…………………………………..
ID………………………………………….

True or false
1- Environmental analysis helps in suitable modification of strategies as and when required from Benefits of
Environmental Analysis .

2- Business is all about taking right decision at the right time without proper Environmental analysis right
decision can’t be taken from Benefits of Environmental Analysis.

3- Environmental analysis gives in brief about competitors from characteristics of Environmental Analysis.

4- Environment can be divided into three broad categories: Internal Environment Macro Environment and
General Environment.

5- Environmental analysis gives detail about threats in the environment from Benefits of Environmental Analysis.

MCQ
1- _______________analysis is effective tool to measure the increment in shareholders wealth.

a. Milton Friedman b. Economic Value Added c. JRD d. SHAKTI

2- _____________ has won UNESCO’s world population award.
a. Milton Friedman b. Economic Value Added c. JRD d. SHAKTI
3- The Five Forces of Competition According to Michael porter five forces of competition are
A- threat of competitors B- the threat of new entrant C- threat of substitute D- all of the answers are true
4- _______________ is important and specific occurrences taking place in different environment sector.
A- Events B- Value C- MRTP D- Lord Swaraj Paul
5- The business domain of the company. The mission and objectives of the company guide priorities, direction, of
development, business philosophy, and business policy
A- Mission and Objectives B- Management Structure and Nature
C- Human Resource D- Culture and Value System