BUSINESS ENVIRONMENT MCQ
Business environment is the sum totals of all factors external to the business firm and that greatly influence their functioning. It covers factors and forces like customers, competitors, suppliers, government, and the social, cultural, political, technological and legal conditions.
BUSINESS ENVIRONMENT MCQ
11: Which among these is not a method of privatisation?
A. Denationalisation
B. Franchising
C. Sale of Business
D. All of these
12: The pre-liberalisation era of Indian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13: Which among these can be condition for the success of privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14: Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
15: Which among these is monopolistic trade practice?
A. Unreasonably limiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one product
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16: The Industrial policy resolution was passed first in
A. 1931
B. 1947
C. 1956
D. 1999
17: Planning is a ———— process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18: which among these is not a global force impacting the Indian Economy
A. Dynamics of capital flow
B. Integrating the role of Purchasing
C. Integrating the role of Technology
D. Need of Attitudinal Change
19: Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. Investment
C. Both (A) and (B)
D. None of the above
20: For the purpose of inquiry under the MRTP Act, the commission has the power equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
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