12th Class Business Studies Principles Of Management Question Bank

done Topic - 2 MCQs - Dimensions of Business Environment Total Questions - 24

• question_answer1)
  Which of the following is not a dimension of business environment?
  A)
  Social    done clear
  B)
  Political done clear
  C)
  Internal done clear
  D)
  Economical done clear
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• question_answer2)
  Which dimension of business environment leads to incorporation of values as part of business objectives?
  A)
  legal                  done clear
  B)
  Social done clear
  C)
  economic done clear
  D)
  political done clear
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• question_answer3)
  Which of the following is an example of social environment?
  A)
  Consumer Protection Act done clear
  B)
  Money supply in the economy done clear
  C)
  Composition of family done clear
  D)
  The constitution of the country done clear
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• question_answer4)
  Packets of Tobacco carry the statutory warning 'Tobacco is injurious to health'. Which dimension of environment does it reflect?
  A)
  Legal     done clear
  B)
  Political done clear
  C)
  Economic          done clear
  D)
  Social done clear
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• question_answer5)
  Which of the following is a component of economic environment?
  A)
  Birth and death rate done clear
  B)
  Concern with quality of life done clear
  C)
  Rates of saving and investment done clear
  D)
  Extent of government intervention in business done clear
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• question_answer6)
  Which business environment is related to “threats to law and order”?
  A)
  Political                         done clear
  B)
  Economic done clear
  C)
  Social    done clear
  D)
  Legal done clear
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• question_answer7)
  The RBI increased the Statutory Liquidity Ratio (SLR) by 0.28 basic points to overcome the inflationary trends in environment.
  A)
  technological      done clear
  B)
  legal done clear
  C)
  political done clear
  D)
  Economic done clear
  View Solution play_arrow

• question_answer8)
  Which of the following is not an element of social environment?
  A)
  Birth and Death rate done clear
  B)
  Constitution of the country done clear
  C)
  Population shifts done clear
  D)
  Life expectancy done clear
  View Solution play_arrow

• question_answer9)
  The re-establishment of Nano Project in Gujarat is indicated by which factor of environment?
  A)
  Economic          done clear
  B)
  Political done clear
  C)
  Social    done clear
  D)
  Technological done clear
  View Solution play_arrow

• question_answer10)
  “As per Consumer Protection Act, 2019 manufacturers are under an obligation to provide all the relevant information about the product. Identify the dimension of the business environment highlighted by this statement.
  A)
  Political                         done clear
  B)
  Economic done clear
  C)
  Technological done clear
  D)
  Legal done clear
  View Solution play_arrow

• question_answer11)
  "Colour T.V has shutdown the market for black and white television". Identify the environment of the business highlighted in the above statement.
  A)
  Economic          done clear
  B)
  Social done clear
  C)
  Technological done clear
  D)
  Legal done clear
  View Solution play_arrow

• question_answer12)
  "The Finance Minister reduced the rate of income tax to overcome recession." Which dimension of business environment is highlighted by the statement?
  A)
  Economic done clear
  B)
  Legal done clear
  C)
  Technological done clear
  D)
  Social done clear
  View Solution play_arrow

• question_answer13)
  Which characteristic of business environment is highlighted in the above situation?
  A)
  Dynamie done clear
  B)
  Uncertain done clear
  C)
  Relative             done clear
  D)
  Complex done clear
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• question_answer14)
  Identify the dimension of business environment which led to the postponement of the movie.
  A)
  Legal done clear
  B)
  Social done clear
  C)
  Economic          done clear
  D)
  Technological done clear
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• question_answer15)
  Name the dimension of business environment which prescribes that advertisements of baby food must necessarily inform the potential buyer that mother's milk is the best.
  A)
  Social    done clear
  B)
  Legal done clear
  C)
  Economic          done clear
  D)
  Political done clear
  View Solution play_arrow

• question_answer16)
  “Internet banking and electronic fund transfers made banking transactions to be done in seconds. Identify the dimension of business environment highlighted in the above statement.
  A)
  Social    done clear
  B)
  Economic done clear
  C)
  Technological done clear
  D)
  Legal done clear
  View Solution play_arrow

• question_answer17)
  "Make in India" was a slogan initiated by the Hon'ble Prime Minister. Which dimension of business environment does this pertain to?
  A)
  Economic          done clear
  B)
  Social done clear
  C)
  Technological done clear
  D)
  Political done clear
  View Solution play_arrow

• question_answer18)
  To which environment 'Disinvestment' belongs?
  A)
  social    done clear
  B)
  legal done clear
  C)
  economic           done clear
  D)
  technological done clear
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• question_answer19)
  “Demand for sarees may be high in India, whereas it is almost nil in France”. Which characteristie of business environment is highlighted by this statement?
  A)
  Relax done clear
  B)
  relative done clear
  C)
  dynamic            done clear
  D)
  uncertain done clear
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• question_answer20)
  “The celebration of festivals like Diwali, Eid, Christmas and Guru Parv in India provides significant financial opportunities for greeting cards companies, sweets or confectionery manufacturers, tailoring outlets and many other related business.” Identify the dimension of business environment highlighted by this statement.
  A)
  Political             done clear
  B)
  Social done clear
  C)
  Economie          done clear
  D)
  Legal done clear
  View Solution play_arrow

• question_answer21)
  “Even after opening up of the Indian economy in 1991, foreign companies found it extremely difficult to cut through the bureaucratic red tape to get permits for doing business in India, which created a negative impact on business. Identify the business dimension highlighted in the above statement.
  A)
  Social    done clear
  B)
  Technological done clear
  C)
  Political             done clear
  D)
  Legal done clear
  View Solution play_arrow

• question_answer22)
  The smartphones display the time and come with good cameras. It has negatively affected the business of watches and cameras. Identify the business environment.
  A)
  Social environment done clear
  B)
  Technological Environment done clear
  C)
  Economic environment    done clear
  D)
  Legal Environment done clear
  View Solution play_arrow

• question_answer23)
  Which of the following represent the correct example of political environment?
  A)
  Money supply     done clear
  B)
  Innovation and development done clear
  C)
  Change in preference and taste done clear
  D)
  Profile of political leaders done clear
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• question_answer24)
  Aman wanted a loan to begin his new business. He approached the bank as the banking sector reforms resulted in easier credit terms and better services. This is an example of which key component of the business environment.
  A)
  Social Environment done clear
  B)
  Economic Environment done clear
  C)
  Political environment done clear
  D)
  Legal environment done clear
  View Solution play_arrow