Seva Sadan College of Arts, Science & commerce

F.Y.B.com (Management & studies) Semester II

Internals class test Date: 10\11\2022

Sub: Business environment Max Marks: 20 Duration: 40 Mins

INTERNAL EXAMINATIONS February 2023

Q.1 a) Multiple Choice Question - 2.5 Marks

1) Economic policies are the part of ________ environment

a. External b. Political
c. Social d. Economic

2) Business environment is _____________?

a. Stable b. Dynamic
c Flexible d. Rigid

3) __________ trade involves trade between 2 or more countries?

a. External b. Internal
c. Retail d. Wholesale
d. Macro
4) ____________ refers to combination of market & command economy.

a. Socialism b. Capitalism

c. Monopoly d. Mixed

5) _________ is a law making body in India.

a. Judiciary b. Executives

c. Legislatures d. Supreme court

B State True or False 2.5 Marks

1. Macro environment is also known as task environment.

2. Business and its environment is interrelated.
3. Inflation is a benefit of Indian economy.
4. Economic objectives include creating market.
5. High unemployment affect the business.
Q.2 Answer in one to two lines: 5 Marks
a) Business environment
b) Judiciary
c) Economic environment
d) Political `environment
e) Technological environment
Q.3 Attempt any 2 out of 3: 10 Marks
1. Differentiate between Micro and Macro environment?
2. Explain SWOT Analysis?
3. Explain Judiciary and functions of judiciary?