Business Environment

81. Profit making is the _______________ goal of any business enterprise?

  1. primary.
  2. secondary.
  3. fixed.
  4. non fixed.
Correct answer: (A)
primary.

82. Macro environment consist of ______________ environment.

  1. public.
  2. political and legal.
  3. suppliers.
  4. customers.
Correct answer: (B)
political and legal.

83. A ________________ contract is where the company contracts with a foreign entity to design and build an entire operation.

  1. Legislature.
  2. Executive.
  3. Judiciary.
  4. Turnkey
Correct answer: (D)
Turnkey

84. Is a stable and dynamic political environment is indispensable for _______________ growth?

  1. business.
  2. human.
  3. child.
  4. politics.
Correct answer: (A)
business.

85. The entry barrier refers to the ease with which firms can enter an industry?

  1. Firms.
  2. Vehicles.
  3. People.
  4. Workers.
Correct answer: (A)
Firms.

86. ______________ refers to the managers exposure and perception of information that has no specific purpose.

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

87. Marxism ________________ was followed in Russia and China.

  1. contact.
  2. principles.
  3. food.
  4. customs.
Correct answer: (B)
principles.

88. One of the long term objectives of the five year plan is ______________ of wealth and income.

  1. inequalities.
  2. equality.
  3. freeness.
  4. . permission.
Correct answer: (A)
inequalities.

89. One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up _______________.

  1. industrialization.
  2. liberalization.
  3. protestation.
  4. germination.
Correct answer: (A)
industrialization.

90. The legislative frame work for industrial licensing is provided by the ______________ development and Regulation act.

  1. industries.
  2. . small scale.
  3. labor.
  4. owner.
Correct answer: (A)
industries.
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