IBM ASSIGNMENT 5 (CO6)

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All questions are compulsory.

Email *

Student Name *

Section *

Economic environment refers to all forces which have a _____. *

1 point

political.

natural

economic

social

. ______environment is within the control of the business *

1 point

Internal.

External

Micro.

Macro

. ____ environment is beyond the control of the business *

1 point

Internal.

External

Micro.

Macro

Micro environment is also called as ________. *

1 point

general environment

operating environment.

economics environment.

political environment

Macro environment is also called as ________. *

1 point

general environment

operating environment.

economics environment.

political environment

. ___ is defined as systematic assessment of the social impact of the activities of a business firm. *

1 point

Social audit.

Social responsibility.

Social interaction.

Social benefit.

Corporate values are the _______ of the corporate sector *

1 point

shared values.

moral beliefs.

customer satisfaction.

goodwill

The economic system in which both public and private sectors co exist is known as ___economy. *

1 point

capitalism.

socialism.

democratic.

republic.

The following statement with respect to culture is false. *

1 point

Culture is determined by national boundaries.

Culture is changing.

Culture is evolved among the members of a society.

All of the above

The income level of residents in a country is indicated by _______. *

1 point

gross national income.

gross domestic product.

per capita gross national income.

per capita gross domestic product.

In the PEST framework for environmental analysis what does the letter E stand for? *

1 point

Ethical

Ecological

Educational

Economic

In macro environment, 'pressure groups' and 'government agencies' are part of *

1 point

cultural environment

demographic environment

Economic Environment.

Political Environment.

The term _________ relates to patent, trademarks, copyrights and trade secrets. *

1 point

Priority right

Intellectual property right

Tariff & Trade Act

Madrid agreement

Two or more organisations may merger their organisations to have better control over the environment as various resources are pooled together is __________ *

1 point

Cooptation

Lobbying

Agreement

Coalescing

_________ is an unintended channel of distribution that runs parallel to the planned channel. *

1 point

Gray market

Black market

Bribery

Counterfeiting

The organization is said to be when some sudden and unpredictable changes take place is called _________ *

1 point

Changing environment

Stable environment

Natural environment

Turbulent environment

The factors that determine whether a company has invest abroad in the form of FDI are: *

1 point

Cost of Production and Location

Strategic rivalary

Product Life cycle

All of the above

In an organisation, changes occur slowly but threat occurs in cluster is called _________ *

1 point

Placid - clustered environment

Placid - rando-mixed environment

Disturbed - reactive environment

Turbulent field environment

What are the elements of business ethics? *

1 point

Values rights and duties.

attitudes pressure and environment.

value environment and attitude.

Responsibilities.

The economic system in which business units or factors of production are privately owned and governed is called as______. *

1 point

Socialism

Mixed Econom

capitalism

None of above

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