B.COM Business (Meaning & Nature of Business) MCQ's




Question 31 :
Poultry, dairy and plant nurseries are examples of extractive industry.

  1. TRUE
  2. FALSE
  

Question 32 :
Purchase and store keeping are important elements of production function.

  1. TRUE
  2. FALSE
  

Question 33 :
Tertiary industry provides intangible goods.

  1. TRUE
  2. FALSE
  

Question 34 :
Trade is an important part of commerce.

  1. TRUE
  2. FALSE
  

Question 35 :
Survival is the basic objective of every organization.

  1. TRUE
  2. FALSE
  

Question 36 :
Earning profit is a social objective.

  1. TRUE
  2. FALSE
  

Question 37 :
Creating wealth is an economic objective of business.

  1. TRUE
  2. FALSE
  

Question 38 :
Economic and social objectives are similar in nature.

  1. TRUE
  2. FALSE
  

Question 39 :
Human objectives are aimed at well being of the employees of an organization.

  1. TRUE
  2. FALSE
  

Question 40 :
Fulfilling economic objectives provide indirect returns in the form of earning goodwill.

  1. TRUE
  2. FALSE
  

Question 41 :
Liberalization refers to transfer of government function to the private sector.

  1. TRUE
  2. FALSE
  

Question 42 :
Globalization has impacted developing countries only in a negative manner.

  1. TRUE
  2. FALSE
  

Question 43 :
Globalization has led to deregulation and reduction in tariff and trade barriers.

  1. TRUE
  2. FALSE
  

Question 44 :
Growth strategy refers to continuing the current activities of the firm without any significant change.

  1. TRUE
  2. FALSE
  

Question 45 :
Expansion is an external growth strategy

  1. TRUE
  2. FALSE
  

Question 46 :
Conglomerate merger is a merger of firms engaged in unrelated type of business activities.

  1. TRUE
  2. FALSE
  

Question 47 :
LPG has had a mixed impact on Indian economy.

  1. TRUE
  2. FALSE
  

Question 48 :
Acquisitions and mergers are internal growth strategies.

  1. TRUE
  2. FALSE
  

Question 49 :
Turnaround strategy is applied to loss making units.

  1. TRUE
  2. FALSE
  

Question 50 :
Diversification strategy helps to spread business risks.

  1. TRUE
  2. FALSE
  

Question 51 :
Market penetration strategy aims at increasing the sale of present product in new markets.

  1. TRUE
  2. FALSE
  

Question 52 :
Liquidation refers to closing down a firm and selling its assets.

  1. TRUE
  2. FALSE
  

Question 53 :
Merger refers to division of a company.

  1. TRUE
  2. FALSE
  

Question 54 :
Downsizing refers to retrenchment.

  1. TRUE
  2. FALSE
  

Question 55 :
Divestiture is a financial restructuring strategy.

  1. TRUE
  2. FALSE
  

Question 56 :
Leveraged buyout means purchase of a company with own funds.

  1. TRUE
  2. FALSE
  

Question 57 :
Debt–equity swap reduces debt burden of the company.

  1. TRUE
  2. FALSE
  

Question 58 :
Buyback of shares is a financial restructuring strategy.

  1. TRUE
  2. FALSE
  

Question 59 :
Mergers and amalgamations are synonymous

  1. TRUE
  2. FALSE
  

Question 60 :
Divestment is a retrenchment strategy.

  1. TRUE
  2. FALSE
  
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