Class: - FYBMS Subject: - Business Environment Total Marks: - 75

Paper: - Date: - Duration: - 21/2 Hrs

Note: - 1) All the questions are compulsory

2) Each question carries equal marks

Q1) A) Fill in the Blanks: - (8)

1. --------is a system of moral principles.

(a)Forecasting (b) assessment (c) scanning (d) business ethics

2. Online Business is also called as ---------- business

(a) Cultural business (b) Social business (c) E-business (d) traditional business

3. Stabilization is an important factor of policy.

(a) Monetary policy (b) Fiscal Policy (c ) Trade policy (d) Foreign exchange policy

4. is more powerful body than GATT.

(a) EU (b) WTO (c) NAFTA (d) SAARC

5. The method used for transferring complex technology is -----------

(a) Trunkey contracts (b) Licensing agreements (c) Training of experts (d) None of these

6. ---------is concerned with holding the balance between economic and social goals and between
Individual and communal goals.
(a) Corporate Management (b) Corporate governance (c) Business ethics (d) None

7. --------- is concerned with the withdrawal of State from an industry or sector, partially or
fully.
(a) Liberalization (b) Modernization (c) Privatization (d) Globalization.

8. Power in India is exercised by the Parliament.

(a) Confederation of India (b) Administrative (c) judicial (d) Legislative

9. Which Act was replaced with the introduction of Competition Act 2002?
(a) FERA (b) MRTP (c) POTA (d) None of these

10. GAAT was born in the year--------------

(a) 1948 (b) 1945 (c) 1947 (d) 1950
Class: - FYBMS Subject: - Business Environment Total Marks: - 75
Paper: - Date: - Duration: - 21/2 Hrs

Q1) B) Match the following: - (7)

Column A Column B
1) Consumer Durables A) Type of licensing
2 )Consumer Non-durables B) Partnership between Govt.and Private sector
3) Joint stock company C) Mobile phones
4) Internal environment D) Toothpaste
5) Technological Environment E) Corporate Image
6) Global environment F) Scientific Application
7) GATS G) International treaties
8) TRIMs H) Protection to service sector
9) Joint sector I) Protection to Investment
10) Franchising j) Common seal

Answer the following:-

Q2) a) Explain the features and role of business

b) Explain the components of micro and macro environment

OR

c) Explain joint stock companies, partnership companies

d) Explain the role and importance of business

Q3) a) Explain the role of government in business

b) Explain some sun rise sector in India

OR

c) Explain capitalist and mixed economy

d) Explain the impact of business on private and joint sector

Q4) a) Explain the impact of cultural and traditional value system on business

b) Explain Porter’s 5 force analysis

OR
Class: - FYBMS Subject: - Business Environment Total Marks: - 75
Paper: - Date: - Duration: - 21/2 Hrs

c) Explain the social responsibilities of business towards stakeholder.

d) Explain the functions of WTO

Q5) a) Explain features of globalization

b) Explain the role and Function of FDI

OR

c) SHORT NOTES
1. Social Audit
2. TRIMS
3. Role of WTO
4. SWOT analysis
5. MNCs
Class: - FYBMS Subject: - Business Environment Total Marks: - 75
Paper: - Date: - Duration: - 21/2 Hrs

The low income economies are sometimes referred to as ----------

(a) First world (b) Second world (c) Third world (d) none of these

This is the Govt.’s strategy in respect of public expenditure and revenue which have a significant
Impact on business.
(a) Monetary policy (b) Fiscal Policy (c ) Trade policy (d) Foreign exchange policy

. --------is the process of analyzing the environment for the identification of factors which have
impact on or have implication for the business.
(a)Forecasting (b) assessment (c) scanning (d) none of these

In which year the constitution of India was amended to add, among other things, that India
should be a socialist state?
(a) 1954 (b) 1976 (c) 1980 (d) 1985

b) Explain the objectives of corporate governance

c) Explain the foreign market entry strategies