Business Environment Quiz | Business Environment Question and Answer for Practice

31. The practice of fixing price by the Government is

1. Administered pricing
2. Floor pricing
3. Minimum pricing
4. None of these

32. The process by which a firm determine whether their strategic choice as implemented in meeting the objectives

1. Evaluation of strategies
2. SWOT analysis
3. Screening of strategies
4. None of these

33. The Securities Contract Regulation Act was enacted in the year

1. 1949
2. 1959
3. 1956
4. 1991

34. The term business environment refers to...........factors which impact functioning of a firm

1. External factors
2. Internal factors
3. Management related factors
4. Internal and External factors

35. UNCTAD stands for

1. United Nations Committee on Trade and Development
2. Union of National Committee on Trade and Commerce
3. United Nations Conference on Trade and Development
4. None of the Above

36. Value system followed by the management of a firm as certain influence on its...........environment

1. Internal
2. External
3. Macro
4. None of the above

37. What refers to the enterprise owned and managed jointly by the Government and Private sector

1. Joint sector
2. Joint venture
3. Public private participation
4. None of these

38. What refers to the investment in a foreign country where the investor retain control over the investment

1. FDI
2. FII
3. Portfolio investment
4. Investment in GDR

39. What was the duration of 12th plan?

1. 2011-15
2. 2009-14
3. 2012-17
4. 2013-18

40. Which among the following in is included in Navaratnas?

1. NTPC
2. ONGC
3. BHEL
4. All the above

41. Which among the following is a claimant of social responsibility of business

1. Shareholders
2. Local community
3. Consumers
4. All the above

42. Which among the following is a demerit of privatization?

1. Connivance
2. Wrong labour strategies
3. Monopoly elements
4. All the above

43. Which among the following is limitation of Trade Union in India

1. Multiplicity of unions
2. Outside leadership
3. Lack of integrity
4. All the above

44. Which among the following is part of micro environment?

1. Customers
2. Suppliers
3. Competitors
4. All the above

45. Which among the following is the advanced form of economic integration?

1. Free trade area
2. Economic union
3. Custom union
4. Common market