McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 51. |
Which one of the following is a part of economic environment? |
| A. | Public debt |
| B. | Lifestyle of people |
| C. | Technological changes |
| D. | Level of education |
| Answer» A. Public debt | |
| 52. |
Proper understanding of business environment is not a prerequisite for |
| A. | Tapping of useful resources. |
| B. | Identification of opportunities and threats. |
| C. | Formulation of strategies. |
| D. | Better coordination of employee efforts. |
| Answer» C. Formulation of strategies. | |
| 53. |
Legal rules and regulations relevant to business are included in ____ environment of business. |
| A. | Legal |
| B. | Political |
| C. | Economic |
| D. | Technological |
| Answer» A. Legal | |
| 54. |
India is good example for ________economy |
| A. | Socialist |
| B. | Mixed |
| C. | Capitalist |
| D. | Communist |
| Answer» B. Mixed | |
| 55. |
_______ are a primary mechanism for motivating business activities |
| A. | Social relationship |
| B. | Profit |
| C. | Customers |
| D. | Assets |
| Answer» A. Social relationship | |
| 56. |
According to whom, business environment is defined as total of all things external to firms and industries which effect their organization and Operations |
| A. | Arthur.m.welmer |
| B. | John wick |
| C. | Bayo |
| D. | o.wheeler |
| Answer» D. o.wheeler | |
| 57. |
Business includes ___ |
| A. | Non-economic activities |
| B. | Economic activities |
| C. | Social activities |
| D. | Production activities |
| Answer» B. Economic activities | |
| 58. |
_______Is vast and fascinating subject for business |
| A. | Technology |
| B. | Profit making |
| C. | Change |
| D. | People |
| Answer» A. Technology | |
| 59. |
What is the single word that can best describe todays business |
| A. | Technology |
| B. | Profit making |
| C. | Change |
| D. | People |
| Answer» C. Change | |
| 60. |
______ involves freedom of doing business. |
| A. | Globalization |
| B. | Privatization |
| C. | Liberalization |
| D. | None of the Above |
| Answer» C. Liberalization | |
| 61. |
Which of the following modern business is dynamic |
| A. | Mass production |
| B. | Mass marketing |
| C. | Mass sales |
| D. | Mass purchase |
| Answer» B. Mass marketing | |
| 62. |
Which of the following is not an economic activity |
| A. | A doctor practicing |
| B. | A lawyer practicing law |
| C. | A professional cricketer playing cricket |
| D. | A student playing cricket |
| Answer» D. A student playing cricket | |
| 63. |
A valid definition of a business purpose is to __ |
| A. | Create a customer |
| B. | Maximize profits |
| C. | Serve the society |
| D. | Increase the wealth in the firm |
| Answer» A. Create a customer | |
| 64. |
The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year: |
| A. | 1956 |
| B. | 1976 |
| C. | 1970 |
| D. | 1952 |
| Answer» B. 1976 | |
| 65. |
Which of the following is not a fundamental right in the Constitution of India? |
| A. | Right to work |
| B. | Right to Equality |
| C. | Right to Education |
| D. | Right against exploitation |
| Answer» A. Right to work | |
| 66. |
____________ environment is very significantly influenced by the world trade organization principles and agreements. |
| A. | Economic |
| B. | Global |
| C. | Legal |
| D. | Political |
| Answer» B. Global | |
| 67. |
Fundamental Rights have no value without…. |
| A. | Right to Freedom |
| B. | Right to Freedom of Religion |
| C. | Right to Constitutional Remedies |
| D. | Right to Property |
| Answer» C. Right to Constitutional Remedies | |
| 68. |
__________ feature of business environment states that various factors of business environment affect each other. |
| A. | Pervasive |
| B. | Continuous |
| C. | Dynamic |
| D. | Interrelatedness |
| Answer» D. Interrelatedness | |
| 69. |
Competition is beneficial to the competing firms besides benefiting the ___ |
| A. | Producers |
| B. | Intermediaries |
| C. | Finances |
| D. | Consumers |
| Answer» D. Consumers | |
| 70. |
___________ is a short-term unsecured promissory note issued by reputed business organisations at a price lower than its face value and redeemable at par. |
| A. | Treasury bill |
| B. | Commercial paper |
| C. | Certificate of deposit |
| D. | Promissory note |
| Answer» B. Commercial paper | |
| 71. |
________ is a source of financing to meet very short-term fund requirements of commercial banks with a provision of renewal. |
| A. | Treasury Bill |
| B. | Commercial Paper |
| C. | Certificate of Deposit |
| D. | Call Money |
| Answer» D. Call Money | |
| 72. |
____________ is the market which helps existing investors to sell their securities. |
| A. | Primary market |
| B. | Secondary market |
| C. | Capital market |
| D. | Commodity market |
| Answer» B. Secondary market | |
| 73. |
____________ is the institution which provides a platform for trading of existing securities having long-term maturity. |
| A. | SEBI |
| B. | WTO |
| C. | Stock exchange |
| D. | RBI |
| Answer» C. Stock exchange | |
| 74. |
_______is the primary motive for a business enterprise |
| A. | Profit |
| B. | Maximize customers |
| C. | Human objective |
| D. | Maximize suppliers |
| Answer» A. Profit | |
| 75. |
The following statement with respect to culture is false |
| A. | Culture is enduring |
| B. | Culture is changing |
| C. | Culture is evolved among the members of a society |
| D. | Culture is determined by national boundaries |
| Answer» D. Culture is determined by national boundaries | |
| 76. |
________is the business through which new ideas and innovations are given a sharp and are converted into useful products and services |
| A. | Market leadership |
| B. | Challenge |
| C. | Joy of creation |
| D. | Growth |
| Answer» C. Joy of creation | |
| 77. |
___________ is the integration of world economy into a single market through removal of trade barriers between countries. |
| A. | Privatisation |
| B. | Liberalisation |
| C. | Globalisation |
| D. | Both (a) and (b) |
| Answer» B. Liberalisation | |
| 78. |
Liberalization means |
| A. | Reducing number of reserved industries from 17 to 8 |
| B. | Liberating the industry, trade and economy from unwanted restrictions |
| C. | Opening up of economy to the world by attaining international competitiveness |
| D. | Free determination of interest rates |
| Answer» B. Liberating the industry, trade and economy from unwanted restrictions | |
| 79. |
The short term financial instruments traded in money market is commonly called |
| A. | Bonds |
| B. | Shares |
| C. | Notes |
| D. | Commercial Papers |
| Answer» D. Commercial Papers | |
| 80. |
Macro environment is also known as ____ |
| A. | Direct environment |
| B. | Indirect environment |
| C. | Competitive environment |
| D. | Social environment |
| Answer» B. Indirect environment | |
| 81. |
_____ micro environment is also known as direct environment |
| A. | Economic |
| B. | Political & legal |
| C. | Competitors |
| D. | Suppliers |
| Answer» A. Economic | |
| 82. |
State directive principles are |
| A. | Suggestion to direction |
| B. | Instruments of instruction |
| C. | Principles of instruction |
| D. | Responsibility to state principles |
| Answer» B. Instruments of instruction | |
| 83. |
The macro environment consists of ___ |
| A. | Economic political &legal |
| B. | Consumer competitors |
| C. | Public |
| D. | Middlemen |
| Answer» A. Economic political &legal | |
| 84. |
What does micro environment consists of ___ |
| A. | Economic |
| B. | Political &legal |
| C. | Consumers competitors |
| D. | Demographic |
| Answer» C. Consumers competitors | |
| 85. |
Who is responsible for presenting the Union Budget before the Parliament? |
| A. | Prime Minister |
| B. | RBI Governor |
| C. | Finance Minister |
| D. | None of the above |
| Answer» C. Finance Minister | |
| 86. |
_______ refers to all forces which have an economic impact |
| A. | Technological environment |
| B. | Political environment |
| C. | Economic environment |
| D. | Social environment |
| Answer» C. Economic environment | |
| 87. |
Political environments refers to the influence excreted by the ______political institutions |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| Answer» B. 3 | |
| 88. |
What are the bodies which political environment consists of |
| A. | Middlemen |
| B. | Suppliers |
| C. | Customer |
| D. | Legislature executive & judiciary |
| Answer» D. Legislature executive & judiciary | |
| 89. |
_________ decides on a particular course of action |
| A. | Legislature |
| B. | Executive |
| C. | Judiciary |
| D. | Public |
| Answer» A. Legislature | |
| 90. |
________is also called government which implements whatever is decided by the parliament |
| A. | Legislature |
| B. | Executive |
| C. | Judiciary |
| D. | Public |
| Answer» B. Executive | |
| 91. |
_______plays the watch dog in order to ensure that both function in public interest and within the boundaries of constitution |
| A. | Legislature |
| B. | Executive |
| C. | Judiciary |
| D. | Public |
| Answer» C. Judiciary | |
| 92. |
Headquarters of World Trade Organization at |
| A. | Geneva |
| B. | Japan |
| C. | South Korea |
| D. | Russia |
| Answer» A. Geneva | |
| 93. |
Globalization does not involve. |
| A. | Reduction of barrier |
| B. | Free flow of goods and services. |
| C. | Global mechanism for settlement of Economic disputes. |
| D. | Free flow of Capital |
| Answer» A. Reduction of barrier | |
| 94. |
________should facilitate & enhance strategies thinking in organization |
| A. | Strategic management |
| B. | Environmental analysis |
| C. | Business environment |
| D. | Business analysis |
| Answer» B. Environmental analysis | |
| 95. |
The environment analysis that provides inputs for strategies decision making is _ |
| A. | Strategic management |
| B. | Environmental analysis |
| C. | Business environment |
| D. | Business analysis |
| Answer» A. Strategic management | |
| 96. |
The first MNC came to India in ___ |
| A. | 1920 |
| B. | 1921 |
| C. | 1919 |
| D. | 1923 |
| Answer» B. 1921 | |
| 97. |
An effective crisis management plan will __ |
| A. | Minimize the seriousness of the problem |
| B. | Exaggerate minor incident |
| C. | Use the internet to convey the public affairs message |
| D. | Immediately apologize to the public and accept any liability |
| Answer» A. Minimize the seriousness of the problem | |
| 98. |
Economic growth can be measured by ___________ |
| A. | The cpi |
| B. | The cbi |
| C. | Gdp |
| D. | Mpc |
| Answer» C. Gdp | |
| 99. |
What was the predecessor of WTO? |
| A. | GAAT |
| B. | IMF |
| C. | ADB |
| D. | UNCTAD |
| Answer» D. UNCTAD | |
| 100. |
A multi-national corporation (MNC) is defined by |
| A. | Carrying out production in more than one country. |
| B. | Having sales in more than one country. |
| C. | Having a multi-ethnic workforce . |
| D. | Having suppliers in more than one country. |
| Answer» A. Carrying out production in more than one country. | |
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