B.COM Business (Business Environment) MCQ's




Question 1 :
Micro environmental factors of an organization include suppliers and customers.

  1. TRUE
  2. FALSE
  

Question 2 :
Analysis of external environment indicates strengths and weaknesses of the organization.

  1. TRUE
  2. FALSE
  

Question 3 :
Political environment is concerned with different aspects of population.

  1. TRUE
  2. FALSE
  

Question 4 :
Business environment has direct and indirect impact on the working of business organizations.

  1. TRUE
  2. FALSE
  

Question 5 :
A stable political environment is required to enhance business growth.

  1. TRUE
  2. FALSE
  

Question 6 :
Physical facilities and financial resources are elements of external business environment.

  1. TRUE
  2. FALSE
  

Question 7 :
Cultural environment does not influence demand for goods and services.

  1. TRUE
  2. FALSE
  

Question 8 :
Business and business environment are interdependent.

  1. TRUE
  2. FALSE
  

Question 9 :
Legal environment consists of factors related to population.

  1. TRUE
  2. FALSE
  

Question 10 :
The international business environment is influenced by international forums like WTO and trading blocs.

  1. TRUE
  2. FALSE
  

Question 11 :
India is a member of SAARC.

  1. TRUE
  2. FALSE
  

Question 12 :
WTO is the apex body to oversee implementation of all multilateral trade agreements.

  1. TRUE
  2. FALSE
  

Question 13 :
GATS is an agreement of WTO.

  1. TRUE
  2. FALSE
  

Question 14 :
Trade without discrimination is an objective of WTO.

  1. TRUE
  2. FALSE
  

Question 15 :
As per TRIPs agreement, foreign investments are treated at par with domestic investments.

  1. TRUE
  2. FALSE
  

Question 16 :
NAFTA is a trading bloc of European countries.

  1. TRUE
  2. FALSE
  

Question 17 :
Trading blocs establish collective force against non-members.

  1. TRUE
  2. FALSE
  

Question 18 :
TRIMs and AOA are examples of trading blocs.

  1. TRUE
  2. FALSE
  

Question 19 :
The GATs agreement of WTO pertain to patents and copyrights.

  1. TRUE
  2. FALSE
  

Question 20 :
Environmental factors are _____.

  1. stable
  2. dynamic
  3. isolated
  4. None of the above
  

Question 21 :
_____ environment includes policies of the government.

  1. Sociographic
  2. Demographic
  3. Economic
  4. None of the above
  

Question 22 :
Analysis of competitors strategies is an element of _____ environmental analysis.

  1. internal
  2. external
  3. international
  4. All of the above
  

Question 23 :
_____ environment includes factors related to population.

  1. Political
  2. Demographic
  3. Economic
  4. All of the above
  

Question 24 :
_____ environment consists of sets of laws.

  1. Demographic
  2. Regulatory
  3. Social
  4. All of the above
  

Question 25 :
Customer is an element of _____ environment.

  1. micro
  2. macro
  3. internal
  4. None of the above
  

Question 26 :
_____ environment can be controlled.

  1. Internal
  2. Micro
  3. Macro
  4. All of the above
  

Question 27 :
Value system and management philosophy are elements of _____ environment.

  1. internal
  2. micro
  3. macro
  4. None of the above
  

Question 28 :
_____ agreement is concerned with liberalization of international investment.

  1. TRIMs
  2. TRIPs
  3. AOA
  4. None of the above
  

Question 29 :
The _____ agreement of WTO pertain to patents and copyrights.

  1. TRIPs
  2. TRIMs
  3. GATs
  4. All of the above
  

Question 30 :
_____ is a trading bloc consisting of South Asian countries.

  1. SAARC
  2. ASEAN
  3. NAFTA
  4. All of the above
  
Pages