CA Ki Padhai's Test Series BCK chapter 2

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This test is based on chapter 2 of CA Foundation BCK

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1. Which of thew following do not explains the relationship between business and its environment?

1 point

Exchange of Influnce

Exchange of Business

Exchange of Resources

Exchange of Information

Clear selection

2. Any data having commercial importance is called as

1 point

Raw Data

Complex Data

Commercial Data

Information

Clear selection

3. Which of the following is not a characteristic of business environment?

1 point

Dynamic

Multi Faceted

Far Reaching Impact

Simple

Clear selection

4. Which of the following is not a type of response to environment?

1 point

Administrative

Collective

Dynamic

Competitive

Clear selection

5. Which of the following is the most common organizational response?

1 point

Administrative

Collective

Dynamic

Competitive

Clear selection

6. Which of the following is the component of internal environment?

1 point

Organization

Customers

Labour Union

Both A and B

Clear selection

7. What is inherent limitation or constraint which create strategic disadvantage called?

1 point

Strength

Threat

Weakness

Opportunity

Clear selection

8. A unfavorable condition in the organization's environment which creates risk is called as

1 point

Strength

Threat

Weakness

Oppotunity

Clear selection

9. Weakness should be

1 point

Capitalize

Minimize

Neutralize

None of the above

Clear selection

10. Opportunities should be

1 point

Capitalize

Minimize

Neutalize

None of the above

Clear selection

11. Threats should be

1 point

Capitalize

Minimize

Neutralize

None of the above

Clear selection

12. Which of the following is not a part of Micro Environment?

1 point

Intermidiaries

Traditions

Market

Suppliers

Clear selection

13. Organization do not consist

1 point

Owners

Board of Directors

Employees

Intermidiaries

Clear selection

14. Government Policy of Public Expenditure, taxation and public debt is called as

1 point

Industrial Policy

Fiscal Policy

Monetary Policy

Exim Policy

Clear selection

15. The policy which includes the activities aiming smooth supply of credit to the business is called as

1 point

Industrial Policy

Fiscal Policy

Monetary Policy

Exim Policy

Clear selection

16. Government Policies comes under which head in PESTLE matrix?

1 point

Economic

Social

Legal

Political

Clear selection

17. Interest and exchange rates comes under which head in PESTLE matrix?

1 point

Economic

Social

Legal

Political

Clear selection

18. Which factor have major impact on how business operate and take decisions?

1 point

Economic

Social

Legal

Political

Clear selection

19. Which factor affect industries like tourism, farming and insurance?

1 point

Technological

Environmental

Legal

Political

Clear selection

20. Over Dependence on single product line is an example of

1 point

Strength

Weakness

Opportunity

Threat

Clear selection

21. Growing demand of company's product is an example of

1 point

Strength

Weakness

Opportunity

Threat

Clear selection

22. "A Business Operates in vacuum". This Statement is

1 point

True

False

Can't Say

Partly True

Clear selection

23. The process by which organizations monitor their relevant environment to identify opportunities and threats is called as

1 point

SWOT Analysis

PESTLE Analysis

Environmental Scanning

None of the above

Clear selection

24. Five M's of Resources do not include

1 point

Men

Master

Money

Method

Clear selection

25. The average lifespan of commercial organization in our country is

1 point

10 years

25 years

50 Years

75 Years

Clear selection

Submit

Clear form

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