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3.1 Business Environment and Strategy (BES) (Section - B)

Introduction to Business Environment

01 Unit : Practice Multiple Choice Questions (MCQs)

Submissions
Here are your latest answers:

Question 1
Which of the following is a non-economic activity?

Response: A man washing his own house

Correct answer: A man washing his own house

Score: 1 out of 1 Yes

Question 2
Preventing malpractices such as hoarding, black marketing overcharging and puffery comes under the ________ objectives of a business.

Response: Social

Correct answer: Social

Score: 1 out of 1 Yes

Question 3
Availability of natural resources is a:

Response: Economic factor

Correct answer: Environmental factor

Score: 0 out of 1 No

Question 4
Which of the following does not come under the internal environment of a business organisation?

Response: Constitutional framework

Correct answer: Constitutional framework

Score: 1 out of 1 Yes

Question 5
Which of the following does not come under the scope of business?

Response: Facilitates exchange of culture among the people of different nations, thereby maintaining international harmony and peace

Correct answer: Promotes personal interests by sponsoring trade shows, etc. in the country

Score: 0 out of 1 No
Question 6
Paying taxes and duties are the:

Response: National objectives

Correct answer: National objectives

Score: 1 out of 1 Yes

Question 7
Which objectives are meant for protecting the interests of employees and ensuring their welfare?

Response: Social objectives

Correct answer: Human objectives

Score: 0 out of 1 No

Question 8
Suppliers, intermediaries and competitors come under the:

Response: Macro environment

Correct answer: Macro environment

Score: 1 out of 1 Yes

Question 9
Acquiring new customers is the ________ objectives of a business.

Response: Economic

Correct answer: Economic

Score: 1 out of 1 Yes

Question 10
Automation, research and development, technology awareness, etc. are the:

Response: Technological factors

Correct answer: Technological factors

Score: 1 out of 1 Yes