Professional Documents
Culture Documents
I BCOM[2016-2019]
SEMESTER II
ALLIED:BUSINESS ENVIRONMENT - 202C
Multiple Choice Questions.
2. ________ is a statement which derives the role that an organization plays in a society
A. Goals
B. Mission
C. Objective
D. Success
ANSWER: B
4. The ________ of the government covers all those principles ,policies,rules and procedures and control
the industrial enterprise of the economy.
A. Industrial
B. Fiscal
C. Monetary
D. Macro
ANSWER: A
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ANSWER: B
7. ________________ environment can be defined as that part of the environment that is concerned with
the entire social system.
A. general environment
B. operating environment
C. Social environment
D. political environment
ANSWER: C
8. ____________ economy is not owned or managed by the government but owned by private individuals.
A. Social
B. Capitalist
C. mixed
D. macro
ANSWER: B
9. __________ environment sets the basis for developmental activity of the business system.
A. Financial Environment
B. Technology environment
C. Global environment
D. macro environment
ANSWER: A
10. _____________ audit implies a report on the social performance of business unit.
A. global
B. Local
C. natural
D. social
ANSWER: D
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C. demographic
D. economic
ANSWER: C
15. Culture spreads from one place to another and such transmission is called as____
A. difference
B. reputation
C. adoption
D. heritage
ANSWER: A
19. A complete stock taking of all the social activities of the corporation is undertaken in the ___________
approach
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A. Inventory
B. Cost outlay
C. Programme management
D. Social benefit
ANSWER: A
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. Under ____ economic system, all the economic activities of the country are controlled and regulated by
the Government in the interest of the public
A. capitalism
B. socialism
C. democratic
D. republic
ANSWER: B
24. The economic system in which both public and private sectors co-exist is known as ____ economy
A. capitalism
B. socialism
C. democratic
D. mixed
ANSWER: D
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ANSWER: B
26. Fiscal policy refers to the policy of government regarding taxation, public expenditure and___
A. public debt
B. budgets
C. policies
D. deposits
ANSWER: B
27. --------- is the process of analyzing the environment for the identification of the factors which have
implication for the business.
A. scanning
B. assessment
C. evaluation
D. information
ANSWER: A
30. Self fulfillment and immediate gratification are ____________ cultural values
A. decreases
B. rises
C. diminishes
D. corporate
ANSWER: B
31. National stock exchange was set up as a joint stock company by all Indian financial institution and
banks on November 27 ______
A. 1991
B. 1992
C. 1993
D. 1994
ANSWER: B
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B. modulation
C. dimension
D. variation
ANSWER: A
38. __________ means the proportion of a nation population living in urban areas.
A. Privatization
B. Globalization
C. Urbanization
D. liberalization
ANSWER: C
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A. Technological
B. Economical
C. Organizational
D. Environmental
ANSWER: A
41. Corporate contribution to political parties are now been ____________ in our country
A. legalized
B. customized
C. introduced
D. authorized
ANSWER: B
43. The _____________ is an introduction to the constitution and contains its basic philosophy.
A. preamble
B. society
C. process
D. service
ANSWER: A
45. ________ signifies the absence of any arbitrary restraint on the freedom of individual action and
creations for the development of personality of the individual
A. Fraternity
B. Liberty
C. Secularism
D. Socialism
ANSWER: B
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48. ___________ is a systematic application of scientific or other organized knowledge to practical task.
A. Technology
B. Society
C. demography
D. Responsibility
ANSWER: A
50. Identification of companies technological assets that may provide ___________ in new businesses
A. opportunities
B. development
C. failure
D. authority
ANSWER: A
51. The _________ activities involved in bringing raw materials to the factory and end products from there
to the market constitute business
A. complex
B. single
C. multitudinous
D. varied
ANSWER: A
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D. Finished goods
ANSWER: B
53. Businesses represent the organized efforts of enterprises to supply _______with goods and services
A. producers
B. consumers
C. intermediaries
D. suppliers
ANSWER: A
56. According to whom, business environment is defined as total of all things external to firms and
industries which effect their organization and operations
A. Arthur.m.welmer
B. John wick
C. Bayord.o.wheeler
D. Mathew smith
ANSWER: A
59. What is the single word that can best describe todays business
A. Technology
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B. Profit Making
C. Change
D. People
ANSWER: C
65. Does internationalization of business is a mean of sustaining a strong domestic base in term of
technology, product, market and capital over a longer period
A. six
B. four
C. ten
D. eight
ANSWER: A
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66. ____________ environment is very significantly influenced by the world trade organization principles
and agreements.
A. Economic
B. Global
C. Legal
D. Political
ANSWER: B
68. ____refers to the system of moral principles and rules of conduct applied to business
A. Business culture
B. Business ethics
C. Business
D. Society
ANSWER: B
69. Competition is beneficial to the competing firms besides benefiting the ___
A. producers
B. intermediaries
C. finances
D. consumers
ANSWER: D
70. What are the main concepts concerning about business goals (or) objectives
A. Mission objectives
B. Mission targets
C. Mission objectives target
D. Target objectives
ANSWER: C
71. Mission is a statement which defines the role that ______ plays in a society
A. people
B. organization
C. labour
D. market
ANSWER: B
72. Does the targets will have much longer time span
A. People
B. Organization
C. Labor
D. Market
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ANSWER: B
76. ________is the business through which new ideas and innovations are given a sharp and are converted
into useful products and services
A. Market Leadership
B. Challenge
C. Joy of Creation
D. Growth
ANSWER: C
77. ____________ pollution can be minimized by using low sulphur coal in industries.
A. Noise
B. Air
C. Water
D. maco
ANSWER: B
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C. Complex Environment
D. STEEPLE factor
ANSWER: D
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B. Political Environment
C. Economic Environment
D. Social Environment
ANSWER: C
87. Political environments refers to the influence excreted by the ______political Institutions
A. 2
B. 3
C. 4
D. 5
ANSWER: B
90. ________is also called government which implements whatever is decided by the parliament
A. Legislature
B. Executive
C. Judiciary
D. Public
ANSWER: B
91. _______plays the watch dog in order to ensure that both function in public interest and within the
boundaries of constitution
A. Legislature
B. Executive
C. Judiciary
D. Public
ANSWER: C
92. Is a stable and dynamic political environment is indispensable for business growth
A. 2
B. 3
C. 4
D. 5
ANSWER: B
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95. The environment analysis that provides inputs for strategies decision making is _
A. Strategic management
B. Environmental analysis
C. Business environment
D. Business analysis
ANSWER: A
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103. ________involves tracking environment trend, sequence of events (or) streams of activities
A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
ANSWER: B
104. ________ is concerned with developing projection of direction, scope, speed & intensity of
environmental change
A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
ANSWER: B
105. Does the assessment involves identifying &evaluating how & why current & projected environment
change which effect strategic management of the organization
A. U.S.A
B. U.K
C. Russia
D. Africa
ANSWER: A
106. The scholar made research in the food canning market is____
A. informal research
B. formal research
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C. indirect viewing
D. conditioned Viewing
ANSWER: B
109. _______ refers to the managers exposure & perception of information that has no specific purpose
A. informal research
B. formal research
C. indirect viewing
D. conditioned viewing
ANSWER: C
111. ________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
113. The first five year plan was given in which year
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A. 1952
B. 1950
C. 1951
D. 1953
ANSWER: C
114. The second five year plan was given during 1956 regarding _
A. legal planning
B. soviet planning
C. government planning
D. agricultural planning
ANSWER: A
115. 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
116. During which year Marxism was not followed in Russia and china
A. 1952
B. 1950
C. 1951
D. 1953
ANSWER: B
117. In which year socialism the tools production are not managed by government
A. 1952
B. 1950
C. 1951
D. 1953
ANSWER: B
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123. The October revolution of 1917 saw for the first time emergence of a state based on ________
principles
A. marxist
B. communist
C. state
D. public
ANSWER: A
125. The _____ socialism seems to fall between capitalism and communism
A. increased
B. decreased
C. medium
D. low level
ANSWER: A
126. One of the long term objectives of the five year plan is reducing inequalities of ___ wealth and
income
A. increased
B. decreased
C. medium
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D. low level
ANSWER: A
127. Has the per capita income increased or decreased from 1980 to 2009
A. Increased
B. Decreased
C. Medium
D. Narrow
ANSWER: A
132. One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up
industrialization
A. 1955
B. 1956
C. 1957
D. 1958
ANSWER: A
133. Announcement of a new industrial policy was done by Mr.P.V.NARASIMHA RAO in the year _
A. 1989
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B. 1990
C. 1991
D. 1995
ANSWER: C
135. The liberalization of the rules relating to FDI permitting _______% equity in wide range of Industries
A. 50
B. 51
C. 53
D. 52
ANSWER: B
138. The legislative frame work for industrial licensing is provided by the _______development and
Regulation act
A. industries
B. small scale
C. labor
D. owner
ANSWER: A
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142. GDP is _
A. Gross Domestic Product
B. Gross Domestic Percentage
C. Gross Domestic Personnel
D. Gross Domestic Public
ANSWER: A
145. NDP is _
A. Net Domestic Product
B. Net Domestic Percentage
C. Net Domestic Personnel
D. Net Domestic Public
ANSWER: A
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150. In 1993 _______committee was appointed by the government to recommend few measures for
effective privatization
A. Rangarajan
B. Soundarajan
C. Thangarajan
D. Ramarajan.
ANSWER: A
Staff Name
Kavitha P .
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