Top 250+ Solved Business Environment MCQ Questions Answer
Q. The European Union is an example of ______.
a. monetary union.
b. free trade area.
c. common market.
d. economic union.
Q. The legal system in India is based on ______.
a. Common law.
b. Civil law.
c. Theocratic law.
d. Hindu law.
Q. A mixed economy is necessarily a _____.
a. controlled.
b. planned.
c. organised.
d. planned, organised and controlle
Q. The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________.
a. global standardization strategy.
b. localization strategy.
c. transnational strategy
d. international strategy.
Q. The total accumulated value of foreign- owned assets at a given period of time is __.
a. flow of FDI
b. stock of FDI
c. inflow of FDI
d. outflow of FDI
Q. The taking over of a private firm by the host country government to be run it as a governmentunit is ______.
a. expropriation.
b. confiscation.
c. nationalisation.
d. domestication
Q. Who is responsible for presenting the Union Budget before the Parliament?
a. Prime Minister
b. Finance Minister
c. RBI Governor
d. none of the above
Q. The goods and the services produced, priced and distributed by the government is ___.
a. Market economy.
b. Secular economy.
c. Command economy.
d. Mixed economy.
Q. Fiscal policy refers to the policy of government regarding taxation, public expenditureand___
a. Public debt
b. Budgets
c. Policies
d. Deposits
Q. --------- is the process of analyzing the environment for the identification of the factorswhich have implication for the business.
a. Scanning
b. Assessment
c. Evaluation
d. Information
Q. One concept of culture determines the ____________ of people
a. Experience
b. Ethos
c. Education
d. Wealth
Q. Self fulfillment and immediate gratification are ____________ cultural values
a. Decreases
b. Rises
c. Diminishes
d. Corporate
Q. Which condition population remain stableI. High birthrate and high death rate II. Low birthrate and high death rate III. High birthrate and low death rate IV. Low birthrate and low death rate
a. I & III
b. I & IV
c. II & III
d. All of the above