Top 250+ Solved Business Environment MCQ Questions Answer
Q. _______ state can have an elected or hereditary head
a. Democratic
b. Autocratic
c. Socialized
d. Republic
Q. ___________ is a systematic application of scientific or other organized knowledge topractical task.
a. Technology
b. Society
c. Demography
d. Responsibility
Q. Identification of companies technological assets that may provide ___________ in newbusinesses
a. Opportunities
b. Development
c. Failure
d. Authority
Q. Which one of the following is a part of economic environment?
a. Public debt
b. Lifestyle of people
c. Technological changes
d. Level of education
Q. Proper understanding of business environment is not a prerequisite for
a. Tapping of useful resources.
b. Identification of opportunities and threats.
c. Formulation of strategies.
d. Better coordination of employee efforts.
Q. Legal rules and regulations relevant to business are included in ____ environment ofbusiness.
a. Legal
b. Political
c. Economic
d. Technological
Q. _______ are a primary mechanism for motivating business activities
a. Social relationship
b. Profit
c. Customers
d. Assets
Q. According to whom, business environment is defined as total of all things external tofirms and industries which effect their organization and Operations
a. Arthur.m.welmer
b. John wick
c. Bayo
d. o.wheeler
Q. Business includes ___
a. Non-economic activities
b. Economic activities
c. Social activities
d. Production activities
Q. _______Is vast and fascinating subject for business
a. Technology
b. Profit making
c. Change
d. People
Q. What is the single word that can best describe todays business
a. Technology
b. Profit making
c. Change
d. People
Q. ______ involves freedom of doing business.
a. Globalization
b. Privatization
c. Liberalization
d. None of the Above
Q. Which of the following modern business is dynamic
a. Mass production
b. Mass marketing
c. Mass sales
d. Mass purchase