Business environment CSEET MCQ - Part 2

1. Which of the following is not a feature of Business environment?

1. Interrelated Elements

2. Dynamics

3. Complexity

4. Continuous

ANS 4

2.. Which of the following are the dimensions of the business environment?-

1. Economic & Social

2. Technological & Economic

3. Legal & Social

4. All of the above

ANS 4

3. . Which of the following is true about business environment?

1. It is dynamic

2. It is the area or condition in which the business operates

3. Different factors in the business environment can impact organisation positively or negatively

4. All of the above

ANS 4

4. . Business environment is created by:-

1. Internal factors

2. External factors

3. Both (a) and (b)

4. None of the above

ANS C

5. Which of the following are internal factors in the business environment of an organisation?

1) (a) Employees

2) Labour unions

3) Value systems

4) All of the above

ANS 4

7. Which of the following are external factors in the business environment of an organisation?

1. Competitors

2. Government policies

3. Pandemic

4. All of the above

ANS 4

8. Micro environment factors include:-

1. Customers

2. Suppliers

3. Intermediaries

4. All of the above

ANS 4

9. Which of the following is not a feature of business environment?

1. Business environment is dynamic

2. Business environment has relativity

3. Business environment is unpredictable

4. All of the above

ANS 4

10. Business environment keeps on changing on regular basis. This characteristic of the business environment is called:

1. Dynamic

2. Relativity

3. Unpredictable

4. None of the above

ANS 1

11. Business environment is different for each organisation, within the same and different industry. This characteristic of the business environment is called:

1) (a) Dynamic

2) Relativity

3) Unpredictable

4) None of the above

ANS B

12. Dimensions of the business environment are-

1. Economic Environment

2. Social Environment

3. Legal environment

4. All of these

ANS 4

13. Change in interest rates, inflation rates, changes in disposable income of people are examples of:

1. Economic environment

2. Social environment

3. Legal environment

4. Political environment

ANS 1

14. Which of the following is not a dimension of business environment?

1. Political environment

2. Legal environment

3. Commercial environment

4. Both a and c

ANS 3

15. Which of the following is not a component of economic environment?

1. Rate of savings and investment

2. Money supply in the economy

3. Public debts

4. Consumption habits

ANS 4