Business Environment MCQs
Business Environment MCQs is the sum total of all the internal and external factors that creates an impact on the business. It is referred to as the collection of all individuals and entities that may or may not be under the control of the organisation, but which can have a greater impact on the performance, growth, profitability and in some cases survival of the organisation.
Business environment helps in determining the various business opportunities, resources and also assists in forming plans for the growth of the organisation.
The components of a business environment MCQs can be media, customers, government, economic conditions, suppliers, competitors etc. There are two types of environment within the business environment which are known as micro environment and macro environment.
Following are some of the business environment multiple choice questions and answers that will help the students in brushing up their understanding of the concept of business environment MCQs.
UNIT-II
21. Corporate values are the _______ of the corporate sector.
A. shared values.
B. moral beliefs.
C. customer satisfaction.
D. goodwill.
ANSWER: B
22.The economic system in which business units or factors of production are privately owned
and governed is called as______.
A. capitalism.
B. socialism.
C. democratic.
D. republic.
ANSWER: A
23. The economic system in which both public and private sectors co exist is known as
___economy.
A. capitalism.
B. socialism.
C. democratic.
D. republic.
ANSWER: B
24. One Reserve Bank of India introduced certificates of deposit in ____.
A. 1964.
B. 1989.
C. 1986.
D. 1990
ANSWER: B
Fical policy refers to the policy of government regarding taxtation public expenditure and ____.
A. public debt.
B. budgets.
C. policies.
D. deposits.
ANSWER: B
26. The sixth plan mentions 17 criteria for determining the prevalence of ____.
A. poor.
B. academician.
C. backwardness.
D. business.
ANSWER: C
27. Fiscal policy is called as ______ policy.
A. monetary.
B. budgetary.
C. industrial.
D. economic.
ANSWER: B
28. One concept of culture determines the ___ of people.
A. experience.
B. ethics.
C. education.
D. wealth.
ANSWER: B
29. Self fulfillment and immediate gratification are_____cultural values.
A. decreases.
B. rises.
C. diminishes.
D. corporte.
ANSWER: B
30. National stock exchange was set up a joint stock company by all indian financial institution
and banks on November 27 ____.
A. 1991.
B. 1992.
C. 1993.
D. 1994.
ANSWER: B
