Business Environment
121. ______________ act is called as monopolies & restrictive trade practices act
- MRTP.
- MART.
- MARTP.
- MPRT.
Correct answer: (A)
MRTP.
122. In capitalism losses assumed by the _______________.
- employees.
- owners.
- managers.
- public.
Correct answer: (B)
owners.
123. ______________ environment refers to all economic factors which have a bearing on the functioning of a business.
- Economics.
- Technological.
- Natural.
- Social.
Correct answer: (A)
Economics.
124. ______________ identifies the early signals of possible environment changes.
- Scanning.
- Monitoring.
- Forecasting.
- Assessing.
Correct answer: (A)
Scanning.
125. ______________ should facilitate & enhance strategic thinking in organization.
- Strategic management.
- Environmental analysis.
- Political analysis.
- . Public analysis.
Correct answer: (B)
Environmental analysis.
126. Natural environment comes under ________________ environment category.
- micro.
- macro.
- semi micro.
- de micro.
Correct answer: (B)
macro.
127. ______________ in the business through which new ideas and innovations are given a sharp and are converted into useful products and services.
- Market leadership.
- Challenge.
- Joy of creation.
- Growth.
Correct answer: (C)
Joy of creation.
128. Interference of government in business is common in every _______________
- country.
- department.
- unit.
- work.
Correct answer: (A)
country.
129. What is the single word that can best describe todays business?
- Technology.
- Profit making.
- Change.
- share.
Correct answer: (C)
Change.
130. Identification of companies technological assets that may provide _______________ in new businesses.
- opportunities.
- development.
- failure.
- none of the above.
Correct answer: (A)
opportunities.