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

31: Globalisation means
A. Setting of firms branches in other countries
B. Adopting a global outlook
C. Earning profit from Exports
D. Attracting foreign investment

32: Which one is not an element of internal environment?
A. Marketing capabilities
B. Operational Capabilities
C. Money and capital market
D. Personal Capabilities

33: A possible obstacle to growth of privatisation is
A. Profit earned by public enterprises
B. Sale of least profitable enterprises
C. Licensing
D. All of these

34: Pollution monitoring and control is done by
A. Central board of prevention and control of water Pollution
B. Central board of pollution control
C. Central government
D. None of the above

35: First industrial policy resolution was issued in
A. 1947
B. 1948
C. 1951
D. 1954

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36: Industrial (Development & Regulation) Act was passed by parliament in
A. 1947
B. 1949
C. 1951
D. 1956

37: If the amount claimed by consumer is Rs. 89 Lacs, the case under the consumer protection act shall be filed with
A. District Consumer Redressal forum
B. State consumer Dispute Redressal Commission
C. National consumer Dispute Redressal Commission
D. Supreme court

38: The credit for inventing the word ―Privatisation‖ goes to
A. Elton Mayo
B. F.W. Taylor
C. L. Urwick
D. Peter Drucker

39: Indian businesses encounter the following problem in the globalisation
A. Infrastructural Bottleneck
B. Lack of interest shown by MNC‘s
C. Both (A) and (B)
D. None of these

40: Industrial policy resolution of 1948 was divided industries into
A. 3 categories
B. 4 categories
C. 5 categories
D. 6 categories

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1. Marketing Management MCQs
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3.  Cost Accounting MCQs
4.  Join Our Telegram Channel