McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 1. |
___________ is consists of the totality of all factors with in or outside the control of individual business firms. |
| A. | Business |
| B. | Environment |
| C. | Business environment |
| D. | organisation |
| Answer» C. Business environment | |
| 2. |
Environment is always changing constraining and ____________ |
| A. | Competing |
| B. | Uncertain |
| C. | dynamic |
| D. | Specific |
| Answer» B. Uncertain | |
| 3. |
Environment is a __________ process |
| A. | Dynamic |
| B. | Complex |
| C. | interactive |
| D. | All of the above |
| Answer» D. All of the above | |
| 4. |
_______________ is the product of environment. |
| A. | Opportunity |
| B. | Threads |
| C. | Business |
| D. | Factors |
| Answer» C. Business | |
| 5. |
There are two sets of factors which influence the business of an enterprise is ____________ |
| A. | Internal and External |
| B. | Micro and Macro |
| C. | Political and Legal |
| D. | Social, Cultural & Technological |
| Answer» A. Internal and External | |
| 6. |
___________ play a vital role in running the business enterprise. |
| A. | Customers |
| B. | Labour |
| C. | Product |
| D. | Competitors |
| Answer» D. Competitors | |
| 7. |
___________ Consists of the actors in the company's immediate environment that affect the performance of the company. |
| A. | Macro environment |
| B. | Micro environment |
| C. | Internal environment |
| D. | External environment |
| Answer» B. Micro environment | |
| 8. |
Macro environment is also known as __________ |
| A. | Outside environment |
| B. | Indirect environment |
| C. | General environment |
| D. | Social environment |
| Answer» C. General environment | |
| 9. |
Remote environment is an another name of __________ |
| A. | Micro environment |
| B. | Macro environment |
| C. | Internal environment |
| D. | External environment |
| Answer» B. Macro environment | |
| 10. |
____________ is environment covers those factors which give shape and form to the dept. of economic activities. |
| A. | Technological |
| B. | Demographic |
| C. | Social and cultural |
| D. | Economic |
| Answer» D. Economic | |
| 11. |
A stable, honest and efficient political system is a primary factor for the growth of ______________ |
| A. | Business |
| B. | General environment |
| C. | Economic conditions |
| D. | Natural environment |
| Answer» A. Business | |
| 12. |
When the rate of change in is insignificant, it is termed as ________ environment |
| A. | General or specific |
| B. | Stable or static |
| C. | Dynamic or certain |
| D. | Simple of complex |
| Answer» B. Stable or static | |
| 13. |
When some sudden and unpredictable changes take place in the organisation is said to ___________ |
| A. | Technological environment |
| B. | Natural environment |
| C. | Turbulent environment |
| D. | Changing environment |
| Answer» C. Turbulent environment | |
| 14. |
___________ is an open form of government. |
| A. | Parliamentary System |
| B. | Government environment |
| C. | Legal environment |
| D. | Political environment |
| Answer» A. Parliamentary System | |
| 15. |
China is the biggest example _________ |
| A. | Capitalism |
| B. | Mixed economy |
| C. | Laissez Faire |
| D. | Socialism |
| Answer» D. Socialism | |
| 16. |
The term _________ relates to patent, trademarks, copyrights and trade secrets. |
| A. | Priority right |
| B. | Intellectual property right |
| C. | Tariff & Trade Act |
| D. | Madrid agreement |
| Answer» B. Intellectual property right | |
| 17. |
____________ is also called the International convention for the protection of industrial property. |
| A. | Paris Union |
| B. | National Treatment |
| C. | Industrial Policy Act |
| D. | Intellectual property Right |
| Answer» A. Paris Union | |
| 18. |
____________ means that if an investor registers a patent in one member country, he can file an application for registration in other member countries within one year from the date of filing return, |
| A. | Patent cooperation Treaty |
| B. | Paris Union |
| C. | Priority Right |
| D. | National Treatment |
| Answer» C. Priority Right | |
| 19. |
The international registration of Trade Marks aims at the international registration is ________ |
| A. | Trade Mark Registration Treat |
| B. | Independent of patents |
| C. | Patent Cooperation Treaty |
| D. | The Madrid Agreement |
| Answer» D. The Madrid Agreement | |
| 20. |
International Bureau of World Intellectual Property Organisation is ________ |
| A. | U.S.A. |
| B. | Geneva |
| C. | Switzerland |
| D. | Canada |
| Answer» B. Geneva | |
| 21. |
_________ Involves infringement of a patent or trade mark. |
| A. | Counter feiting |
| B. | Unauthorised product |
| C. | Illegal goods |
| D. | Low quality products |
| Answer» A. Counter feiting | |
| 22. |
_______ is an unintented channel of distribution that runs parallel to the planned channel. |
| A. | Bribery |
| B. | Counter feiting |
| C. | Gray Market |
| D. | Black Market |
| Answer» C. Gray Market | |
| 23. |
___________ concentrates on the analysis of market, competition and financial strength of a company. |
| A. | Risk Reward analysis |
| B. | Cost benefit analysis |
| C. | Break even analysis |
| D. | None of the above |
| Answer» B. Cost benefit analysis | |
| 24. |
_________ analysis studies the impact of various environmental factors on the marketing mix. |
| A. | Break even analysis |
| B. | Risk reward analysis |
| C. | Cost - benefit analysis |
| D. | Product Analysis |
| Answer» B. Risk reward analysis | |
| 25. |
__________ is subjective in nature |
| A. | Social interaction |
| B. | Political factors |
| C. | Natural factors |
| D. | Cultural |
| Answer» D. Cultural | |
| 26. |
__________ is a set of traditional beliefs and values which are passed and shared among different societies |
| A. | Cultural environment |
| B. | Social environment |
| C. | Socio - cultural environment |
| D. | Economic |
| Answer» C. Socio - cultural environment | |
| 27. |
__________ is the foundation of culture |
| A. | Language |
| B. | Customs |
| C. | Education |
| D. | Religion |
| Answer» A. Language | |
| 28. |
E.E.C stands for |
| A. | European Economics Control |
| B. | European Economic Community |
| C. | European Economic centre |
| D. | European Economic Committee |
| Answer» B. European Economic Community | |
| 29. |
E.E.C. is also known as ________ |
| A. | Economic Common Market |
| B. | NFTA |
| C. | IPA |
| D. | European Common Market |
| Answer» D. European Common Market | |
| 30. |
ECM was brought into being __________ |
| A. | 31 Dec. 1957 |
| B. | 15 Jan, 1958 |
| C. | 1 Jan, 1958 |
| D. | 24 March 1957 |
| Answer» C. 1 Jan, 1958 | |
| 31. |
World's largest trading Block is ______ |
| A. | NAFTA |
| B. | SAARC |
| C. | CEC |
| D. | ECM |
| Answer» D. ECM | |
| 32. |
NAFTA mean __________ |
| A. | North American Free Trade Agreement |
| B. | North American Foreign Trade Agreement |
| C. | North Asian Free Trade Agreement |
| D. | North Asian Foreign Trade Agreement. |
| Answer» A. North American Free Trade Agreement | |
| 33. |
NAFTA is a series of bilateral agreement between America, Canada and _________ |
| A. | Geneva |
| B. | Mexico |
| C. | UK |
| D. | Ireland |
| Answer» B. Mexico | |
| 34. |
SAARC association brings together __________ countries of South Asia for regional co-operation. |
| A. | 9 |
| B. | 8 |
| C. | 7 |
| D. | 14 |
| Answer» C. 7 | |
| 35. |
The head quarters of SAARC in _______ |
| A. | Bangladesh |
| B. | Maldives |
| C. | Sri Lanka |
| D. | Kathmandu |
| Answer» D. Kathmandu | |
| 36. |
________ was commenced on January 1, 1994 |
| A. | NAFTA |
| B. | ECM |
| C. | SAARC |
| D. | CEC |
| Answer» A. NAFTA | |
| 37. |
______________ is a bilateral trade agreement between two countries. |
| A. | Tie in Agreement |
| B. | Counter trade |
| C. | MNC |
| D. | Gray Market |
| Answer» B. Counter trade | |
| 38. |
_______ is the process of convincing the various powerful elements of the environment to act in the favour of the organisations. |
| A. | Coalescing |
| B. | Cooptation |
| C. | Lobbying |
| D. | Procurement |
| Answer» C. Lobbying | |
| 39. |
Two or more organisations may merger their organisations to have better control over the environment as various resources are pooled together is __________ |
| A. | Cooptation |
| B. | Lobbying |
| C. | Agreement |
| D. | Coalescing |
| Answer» D. Coalescing | |
| 40. |
_________ was a Multilateral treaty encompassing rules and disciples for an orderly world trading system. |
| A. | GATT |
| B. | ITO |
| C. | ECM |
| D. | SAARC |
| Answer» A. GATT | |
| 41. |
__________ means each nation shall be treated as well, as the most favoured nation. |
| A. | GATT |
| B. | MFN |
| C. | FTZ |
| D. | TRRM |
| Answer» B. MFN | |
| 42. |
Trade in Textile was restricted by _________ |
| A. | MFN |
| B. | GATT |
| C. | MFA |
| D. | ITO |
| Answer» C. MFA | |
| 43. |
__________ is known a neo-liberalism |
| A. | Globaluation |
| B. | Liberalisation |
| C. | Privatization |
| D. | None of the above |
| Answer» A. Globaluation | |
| 44. |
________ refers to a process of increasing economic integration and growing economic interdependence between countries in the world economy. |
| A. | MNC |
| B. | TNC |
| C. | Globalisation |
| D. | WTO |
| Answer» C. Globalisation | |
| 45. |
_________ means acceptance of an outward looking policy of economic development in place of an inward – looking one. |
| A. | Liberalization |
| B. | Privatisation |
| C. | Globalisatiion |
| D. | All of the above |
| Answer» C. Globalisatiion | |
| 46. |
ESCAP stands for _______ |
| A. | Economic and Social Commission for Asia and the Pacific |
| B. | Economic and Social Centre for Asia and the Pacific |
| C. | Economic and Social Commission for the Asia and Privatisation |
| D. | Economic and Social Culture for Asia and Public |
| Answer» A. Economic and Social Commission for Asia and the Pacific | |
| 47. |
__________ is a method of doing business by which a franchisee is granted the right to offer, sell or distribute goods or service under a system created by the Franchisee. |
| A. | Agreement |
| B. | Dealership |
| C. | Patent |
| D. | Franchising |
| Answer» D. Franchising | |
| 48. |
________ means setting a products a company to its affiliated company in host country. |
| A. | Direct exporting |
| B. | Intra corporate transfer |
| C. | indirect exporting |
| D. | Exporting |
| Answer» B. Intra corporate transfer | |
| 49. |
BOT means ____________ |
| A. | Business Outsourcing Trade |
| B. | Balance on Trade |
| C. | Build, operation and Transfer |
| D. | Business Outsourcing Transaction |
| Answer» C. Build, operation and Transfer | |
| 50. |
FERA was replaced by _______ |
| A. | FEMA |
| B. | GATT |
| C. | WTO |
| D. | ITO |
| Answer» A. FEMA | |
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