Business Environment

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Business Environment - Quiz 1

For students of class 12th Time Allowed: 15 Minutes Maximum Marks: 16

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Business environment helps to know in advance forth coming constraints and threats of business. It means it helps in: *

1 point

(a) Assist in planning and policy making

(b) Early warning signals

(d) All of the above

"The current pandemic has resulted in the growing need of masks and sanitisers. The govenment had to fix the prices of these two products." Which dimension of business environment can be got affected the most due to this? *

1 point

(a) Social environment

(b) Technological environment

(d) Political environment

Creating an educational website , teaching online and selling e-books, fall under: *

1 point

(a) Social environment

(b) Technological environment

(d) Political environment

Demonetization has resulted in the changes in Fiscal Policy. Answer, whether this statement is true or false: *

1 point

True

False

Through environmental scanning business firms can enjoy ..................... *

1 point

(a) Competition

(b) benefits of tax

(d) tapping useful resources.

Which of the following is not included in special forces of the business environment? *

1 point

(a) Suppliers

(b) customers

(d) Creditors

'To get the benefit of hi-tech customers, a greeting card company created an app for e-greetings' . Which dimension has been referred in this case? *

1 point

(a) Economic

(b) Technological

(d) All of the above

Match the following: *

2 points

New Economic Policy

Social Distance

Demonetisation

(a) Digital transaction

(b) Market orientation

Which of the following is not a part of the internal environment of any business? *

1 point

(a) objectives

(b) banking system

(d) rules of organisation

Government of India , announced its public to install Aarogya Setu App to ensure their safety from Covid-19. Which dimension of business environment is helping government in this case? *

1 point

(a) Social environment

(b) Technological environment

(d) Political environment

Which of the following pairs is incorrectly matched? *

1 point

(a) High Literacy rate - Social Environment

(b) Demonetisation - Economic Environment

(d) Statutory labelling of products - Political Environment

It is compulsory that advertisement on baby food must inform that 'mother’s milk is the best' is related to: *

1 point

(a) Social environment

(b) Legal environment

(d) Political environment

Trade between people of India with the people of America and Canada like countries ,is an element of Political Environment. *

1 point

(a) True

(b) False

Some marriages were fixed for a date falling during lockdown in many countries. Government fixed the limit of 20 persons to attend the marriage function while maintaining the social distance. So, people just started dancing outside their cars parked in open remote places, at a distance of 20 meters from each other. Which dimension of business environment has been most affected, as evident from the above para? *

1 point

(a) Social environment

(b) Technological environment

(d) Political environment

Changes in the rates of Income Tax fill fall under: *

1 point

(a) Trade policy

(b) Monetary policy

(d) Industrial Policy

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