Business Environment

101. Enormous spending on ______________ resulted in the fast development and change in terminology.

  1. designing.
  2. R and D.
  3. D and R.
  4. P and R.
Correct answer: (B)
R and D.

102. The sick industrial companies act was passed by _______________

  1. legislature.
  2. parliament.
  3. judiciary.
  4. public.
Correct answer: (A)
legislature.

103. The type of environment in which the resources are distributed in a random way,

  1. Randomized environment.
  2. Deserted environment.
  3. Turbulent environment.
  4. Systematic environment.
Correct answer: (A)
Randomized environment.

104. Who is called as the instrument of institutions?

  1. constitution.
  2. legislature.
  3. directive principles of state policy.
  4. privatization.
Correct answer: (B)
legislature.

105. _______________ keeps oneself dynamic.

  1. Strategy formulation.
  2. Strategy implementation.
  3. Environment analysis.
  4. Environment.
Correct answer: (C)
Environment analysis.

106. ________________ analysis the warning signals of potential environmental changes already taking place?

  1. Assessment.
  2. Monitoring
  3. Scanning.
  4. Viewing.
Correct answer: (A)
Assessment.

107. _______________ is a statement, which defines the role that an organisation plays in a society?

  1. Vision.
  2. Mission.
  3. Goal.
  4. Function.
Correct answer: (A)
Vision.

108. Business responsibility to Government includes in _______________.

  1. tax payment.
  2. tariffs and quotas.
  3. inspection.
  4. licenses.
Correct answer: (B)
tariffs and quotas.

109. The principle that implies, the spirit of brotherhood is _______________.

  1. customers sovereignty.
  2. socialist.
  3. fraternity.
  4. community.
Correct answer: (D)
community.

110. _______________ model is one which focuses on organization & environment operations.

  1. Social.
  2. Industry.
  3. Mechanical.
  4. Technology.
Correct answer: (C)
Mechanical.
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