Business Environment

51. Goals realization continuously will lead to ______________?

  1. mission fulfillment.
  2. maximum customers.
  3. high revenue.
  4. low revenue.
Correct answer: (A)
mission fulfillment.

52. Micro environment is also known as _______________.

  1. Direct.
  2. Indirect.
  3. Same.
  4. Fine.
Correct answer: (A)
Direct.

53. Political environments refers to the influence exerted by the ______________ political institutions?

  1. 2
  2. 3
  3. 4
  4. 5
Correct answer: (B)
3

54. ______________ plays the watch dog in order to ensure that both function in public interest and within the boundaries of constitution.

  1. Legislature.
  2. Executive.
  3. Judiciary.
  4. None of the above.
Correct answer: (C)
Judiciary.

55. ______________ stresses the negative consequences of failure to study the environment

  1. William F.glueck.
  2. Lawrence R.jauch.
  3. Jothi.
  4. None of the above.
Correct answer: (C)
Jothi.

56. ______________ involves a degree of purposefulness by manager as he receives information inputs.

  1. Informal research.
  2. Formal research.
  3. Indirect viewing.
  4. Conditioned Viewing.
Correct answer: (D)
Conditioned Viewing.

57. _______________ stresses the philosophy of individualism believing in private ownership.

  1. Capitalism.
  2. Socialism.
  3. Marxism.
  4. Developism.
Correct answer: (A)
Capitalism.

58. In communism the _______________ determines ones employer and employment.

  1. state.
  2. country.
  3. business.
  4. people.
Correct answer: (A)
state.

59. Governments policy towards industries is called as ______________.

  1. economic policy.
  2. industrial policy.
  3. monetary policy.
  4. work policy.
Correct answer: (B)
industrial policy.

60. One of the objectives of licensing is to protect ______________ industries against competition of large scale industries.

  1. small scale.
  2. medium scale.
  3. low scale.
  4. high scale.
Correct answer: (A)
small scale.
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