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MCQs

Total Questions : 32 | Page 3 of 4 pages
Question 21. Following are the elements of social environment:
  1.    Educational system and literacy rates
  2.    family structure
  3.    caste and occupational structure
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
Question 22. Which of the following is not the element of political environment:
  1.    Constitution of the country
  2.    prevailing political system
  3.    popularity of e-banking
  4.    Level of political morality
 Discuss Question
Answer: Option C. -> popularity of e-banking
Question 23. In India, Liberalization & privatization began from----
  1.    1991
  2.    1950
  3.    1981
  4.    1971
 Discuss Question
Answer: Option A. -> 1991
Question 24. Which of these are external factors that influence financial decisions?
  1.    Price
  2.    Marketing
  3.    Finance
  4.    All of above
 Discuss Question
Answer: Option D. -> All of above
Question 25. Following is not a general force environment:
  1.    political environment
  2.    social environment
  3.    competitors environment
  4.    Economic environment
 Discuss Question
Answer: Option C. -> competitors environment
Question 26. Which of the following is not a feature of Business environment? *
  1.    Interrelated Elements
  2.    Complex
  3.    Continuous
  4.    Dynamic
 Discuss Question
Answer: Option C. -> Continuous
Question 27. Globalization is the term used to describe process of removal of restriction on------
  1.    Foreign Trade
  2.    Investment
  3.    Both (a) and (b)
  4.    None of the above
 Discuss Question
Answer: Option C. -> Both (a) and (b)
Question 28. An organisation's obligation to act to protect and improve society's welfare as well as its own interests is referred to as
  1.    Organisational Social Responsibility
  2.    Organisational Social Responsiveness
  3.    Corporate Obligation
  4.    Business Ethics
 Discuss Question
Answer: Option A. -> Organisational Social Responsibility
Question 29. Which of the following best defines a multinational corporation?
  1.    A company that exports to many countries
  2.    A large company that imports from many countries
  3.    A company that operates in many different countries
  4.    A company that produces goods and services for a large market
 Discuss Question
Answer: Option C. -> A company that operates in many different countries
Question 30. A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong
  1.    Crisis
  2.    Ethical Issue
  3.    Indictment
  4.    Fraud
 Discuss Question
Answer: Option B. -> Ethical Issue

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