McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 201. |
What is the significance of business environment? |
| A. | First Mover Advantage. |
| B. | Competition. |
| C. | Information. |
| D. | Globalization. |
| Answer» A. First Mover Advantage. | |
| 202. |
What are the elements of business environment? |
| A. | Micro Environment. |
| B. | Macro Environment. |
| C. | Complex Environment. |
| D. | Steeple factor |
| Answer» D. Steeple factor | |
| 203. |
Macro environment is also known as _________? |
| A. | direct environment . |
| B. | indirect environment. |
| C. | competitive environment. |
| D. | social environment. |
| Answer» B. indirect environment. | |
| 204. |
Macro environment consist of ______? |
| A. | public. |
| B. | political & legal. |
| C. | suppliers. |
| D. | customers. |
| Answer» B. political & legal. | |
| 205. |
The micro environment consists ______. |
| A. | Technological Environment. |
| B. | Political Environment. |
| C. | Economic Environment. |
| D. | Public, middlemen, consumers & competitors. |
| Answer» D. Public, middlemen, consumers & competitors. | |
| 206. |
_______ refers to all forces which have an economic impact. |
| A. | Technological Environment. |
| B. | Political Environment. |
| C. | Economic Environment. |
| D. | Legal environment |
| Answer» C. Economic Environment. | |
| 207. |
__________ decides on a particular course of action. |
| A. | Legislature. |
| B. | Executive. |
| C. | Judiciary. |
| D. | Public. |
| Answer» A. Legislature. | |
| 208. |
The first MNC came to India in _______. |
| A. | 1920. |
| B. | 1921. |
| C. | 1919. |
| D. | 1923 |
| Answer» B. 1921. | |
| 209. |
Economic growth can be measured by ___________. |
| A. | the CPI. |
| B. | the CBI. |
| C. | GDP. |
| D. | MPC. |
| Answer» C. GDP. | |
| 210. |
Porter s model represents the relationship between _______. |
| A. | organizational and environment. |
| B. | society and environment. |
| C. | organization and society. |
| D. | society and industry. |
| Answer» A. organizational and environment. | |
| 211. |
________environment refers to all economic factors which have a bearing on the functioning of a business. |
| A. | Economic. |
| B. | Technological. |
| C. | Natural. |
| D. | Social. |
| Answer» A. Economic. | |
| 212. |
Capitalism stresses the philosophy of individualism believing in private Ownership comes under ____. |
| A. | legal planning. |
| B. | soviet planning. |
| C. | government planning. |
| D. | agricultural planning. |
| Answer» A. legal planning. | |
| 213. |
In which year socialism the tools production are not managed by government? |
| A. | 1952. |
| B. | 1950. |
| C. | 1951. |
| D. | 1953. |
| Answer» B. 1950. | |
| 214. |
In capitalism ____ losses assumed by the customers. |
| A. | economics. |
| B. | technological. |
| C. | natural. |
| D. | social. |
| Answer» B. technological. | |
| 215. |
In communism the state determines one s employer and employment ____. |
| A. | socialism. |
| B. | economics. |
| C. | communism. |
| D. | capitalism. |
| Answer» A. socialism. | |
| 216. |
The _____ socialism seems to fall between capitalism and communism ____. |
| A. | increased. |
| B. | decreased. |
| C. | lowlevel. |
| D. | medium. |
| Answer» A. increased. | |
| 217. |
Has the per capita income increased or decreased from 1980 to 2009 ___. |
| A. | increased. |
| B. | decreased. |
| C. | medium. |
| D. | narrow. |
| Answer» C. medium. | |
| 218. |
Population is a component of the total ______environment. |
| A. | economic. |
| B. | social. |
| C. | natural. |
| D. | technology. |
| Answer» A. economic. | |
| 219. |
Which plan gives priority for family planning? |
| A. | State Policy. |
| B. | Judicial Policy. |
| C. | Industrial |
| D. | Energy |
| Answer» B. Judicial Policy. | |
| 220. |
Industrial policy was set up in the year _______. |
| A. | 1955. |
| B. | 1956. |
| C. | 1957. |
| D. | 1958. |
| Answer» B. 1956. | |
| 221. |
One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up industrialization___. |
| A. | 1955. |
| B. | 1956. |
| C. | 1957. |
| D. | 1958. |
| Answer» A. 1955. | |
| 222. |
MRTP act was set up in the year _______. |
| A. | 1950. |
| B. | 1951. |
| C. | 1952. |
| D. | 1953. |
| Answer» A. 1950. | |
| 223. |
The liberalization of the rules relating to FDI permitting _______% equity in wide range of Industries. |
| A. | 50. |
| B. | 51. |
| C. | 52. |
| D. | 53. |
| Answer» B. 51. | |
| 224. |
In some circles, a multinational corporations is also referred to ____________. |
| A. | multinational collaboration . |
| B. | multinational entity. |
| C. | multinational enterprises. |
| D. | multinational development. |
| Answer» C. multinational enterprises. | |
| 225. |
Multinational corporations is also referred to ____________. |
| A. | multinational collaboration. |
| B. | multinational entity. |
| C. | transnational corporation. |
| D. | multinational development. |
| Answer» C. transnational corporation. | |
| 226. |
FERA is foreign exchange regulation act for _________. |
| A. | industries . |
| B. | small scale . |
| C. | labour. |
| D. | owner. |
| Answer» A. industries . | |
| 227. |
GDP is ____. |
| A. | Gross Domestic Product. |
| B. | Gross Domestic Percentage. |
| C. | Gross Domestic Personnel. |
| D. | Gross Domestic Public. |
| Answer» A. Gross Domestic Product. | |
| 228. |
GNP stands for_____________________ |
| A. | Gross National Product |
| B. | Gross negative product |
| C. | Gross negotiable product |
| D. | None of the above |
| Answer» A. Gross National Product | |
| 229. |
SAOIL is ______. |
| A. | Steel authority of India ltd . |
| B. | School authority of India ltd. |
| C. | State authority of India ltd. |
| D. | Span authority of India ltd. |
| Answer» A. Steel authority of India ltd . | |
| 230. |
NDP is ____. |
| A. | Net Domestic Product. |
| B. | Net Domestic Percentage. |
| C. | Net Domestic Personnel. |
| D. | Net Domestic Public. |
| Answer» A. Net Domestic Product. | |
| 231. |
Who gave a practical shape to privatization? |
| A. | MARGARAT THATCHER. |
| B. | LOUIS PETER. |
| C. | WILLIAMS. |
| D. | FAYOL. |
| Answer» A. MARGARAT THATCHER. | |
| 232. |
The techniques of privatization are contract _______and concession. |
| A. | building. |
| B. | free . |
| C. | leases . |
| D. | hire purchase. |
| Answer» C. leases . | |
| 233. |
There are _____sins of privatization. |
| A. | 5. |
| B. | 6. |
| C. | 7. |
| D. | 8. |
| Answer» C. 7. | |
| 234. |
The income level of residents in a country is indicated by _______. |
| A. | gross national income. |
| B. | gross domestic product. |
| C. | per capita gross national income. |
| D. | per capita gross domestic product. |
| Answer» C. per capita gross national income. | |
| 235. |
--------is the process of analyzing the environment for the identification of factors which have impact on or have implication for the business. |
| A. | Assessment |
| B. | Forecasting |
| C. | Scanning |
| D. | None of these |
| Answer» C. Scanning | |
| 236. |
PEST is an acronym which stands for ________. |
| A. | Political, Environment, Societal, Technology. Share institution privatization. |
| B. | Political, Economic, Societal, Technological. |
| C. | Political, Economic, Social, Technological. |
| D. | People, Economy, Standards, Tr |
| Answer» C. Political, Economic, Social, Technological. | |
| 237. |
The European Union is an example of ______. |
| A. | monetary union. |
| B. | free trade area. |
| C. | common market. |
| D. | economic union. |
| Answer» D. economic union. | |
| 238. |
The legal system in India is based on ______. |
| A. | Common law. |
| B. | Civil law. |
| C. | Theocratic law. |
| D. | Hindu law. |
| Answer» D. Hindu law. | |
| 239. |
A mixed economy is necessarily a _____. |
| A. | controlled. |
| B. | planned. |
| C. | organised. |
| D. | planned, organised and controlled. |
| Answer» D. planned, organised and controlled. | |
| 240. |
The origin of Common law is in _____. |
| A. | America. |
| B. | England. |
| C. | Russia. |
| D. | India. |
| Answer» A. America. | |
| 241. |
The focus on increasing profitability and profit growth by reaping the cost reduction that come from economies of scale is ________. |
| A. | global standardization strategy. |
| B. | localization strategy. |
| C. | transnational strategy |
| D. | international strategy. |
| Answer» A. global standardization strategy. | |
| 242. |
The total accumulated value of foreign- owned assets at a given period of time is __. |
| A. | flow of FDI |
| B. | stock of FDI |
| C. | inflow of FDI |
| D. | outflow of FDI |
| Answer» B. stock of FDI | |
| 243. |
The taking over of a private firm by the host country government to be run it as a government unit is ______. |
| A. | expropriation. |
| B. | confiscation. |
| C. | nationalisation. |
| D. | domestication |
| Answer» C. nationalisation. | |
| 244. |
Who is responsible for presenting the Union Budget before the Parliament? |
| A. | Prime Minister |
| B. | Finance Minister |
| C. | RBI Governor |
| D. | none of the above |
| Answer» B. Finance Minister | |
| 245. |
The goods and the services produced, priced and distributed by the government is ___. |
| A. | Market economy. |
| B. | Secular economy. |
| C. | Command economy. |
| D. | Mixed economy. |
| Answer» C. Command economy. | |
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