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.
61. Porter s model represents the relationship between _______.
A. organizational and environment.
B. society and environment.
C. organization and society.
D. society and industry.
ANSWER: A
62. ________environment refers to all economic factors which have a bearing on the functioning
of a business.
A. Economic.
B. Technological.
C. Natural.
D. Social.
ANSWER: A
UNIT-IV
63.Capitalism stresses the philosophy of individualism believing in private Ownership comes
under ____.
A. legal planning.
B. soviet planning.
C. government planning.
D. agricultural planning.
ANSWER: A
64. In which year socialism the tools production are not managed by government?
A. 1952.
B. 1950.
C. 1951.
D. 1953.
ANSWER: B
65. In capitalism ____ losses assumed by the customers.
A. economics.
B. technological.
C. natural.
D. social.
ANSWER: B
66. Depreciation is permitted in communism ________.
A. legal planning.
B. soviet planning.
C. government planning
D. agricultural planning.
67.In communism the state determines one s employer and employment ____.
A. socialism.
B. economics.
C. communism.
D. capitalism.
ANSWER: A
68. The _____ socialism seems to fall between capitalism and communism ____.
A. increased.
B. decreased.
C. lowlevel.
D. medium.
ANSWER: A
69. Has the per capita income increased or decreased from 1980 to 2009 ___.
A. increased.
B. decreased.
C. medium.
D. narrow.
ANSWER: C
70. Population is a component of the total ______environment.
A. economic.
B. social.
C. natural.
D. technology.
ANSWER: A
