All questions of Business Environment for CUET Exam

• a)
  Competition
• b)
  First Mover Advantage
• c)
  Benefit of taxes
• d)
  Last Mover Advantage

• a)
  Privatisation
• b)
  Globalisation
• c)
  Liberalisation
• d)
  None of these

• a)
  Political Environment
• b)
  Social Environment
• c)
  Technologcal Environment
• d)
  None of these

• a)
  Political Environment
• b)
  Economic Environment
• c)
  Social Environment
• d)
  None of these

• a)
  Political Environment
• b)
  Legal Environment
• c)
  Social Environment
• d)
  None of these

• a)
  Consumer protection Act 1984
• b)
  Consumer Protection Act, 1932
• c)
  Consumer Protection Act, 1956
• d)
  Consumer Protection Act, 1986

• a)
  Legal Environment
• b)
  Social Environment
• c)
  Political Environment
• d)
  Economic Environment

• a)
  Political Environment
• b)
  Legal Environment
• c)
  Social Environment
• d)
  Economic Environment

• a)
  Complexity
• b)
  Relativity
• c)
  Employees
• d)
  Uncertainty

• a)
  Privatisation
• b)
  Globalisation
• c)
  Liberalisation
• d)
  None of these

• a)
  Technological Environment
• b)
  Social Environment
• c)
  Political Environment
• d)
  Legal Environment

• a)
  Reduced government controls and restrictions
• b)
  Policy of planned disinvestments
• c)
  Integration among economies
• d)
  None of them

• a)
  Political uncertainty
• b)
  New innovations
• c)
  None of these
• d)
  Technological improvements

• a)
  More demanding customers
• b)
  Change in agricultural prices
• c)
  Increasing competition
• d)
  Market orientation

• a)
  Privatisation
• b)
  Planning and Policy Formulation
• c)
  Developing new principles of management
• d)
  Nothing

• a)
  Increase in cost of production
• b)
  Creates fear in the minds of investors
• c)
  Increase in profit margin
• d)
  None of these

• a)
  Political Environment
• b)
  Privatisation
• c)
  Globalisation
• d)
  Liberalisation

• a)
  Export Promotion
• b)
  Foreign exchange reforms
• c)
  Import liberalisation
• d)
  All of these

• a)
  Political Environment
• b)
  Legal Environment
• c)
  Economic Environment
• d)
  Social Environment

• a)
  Political Environment
• b)
  None of these
• c)
  Economic Environment
• d)
  Technological Environment

• a)
  Coping with rapid changes
• b)
  Identification
• c)
  Improvement in performance
• d)
  All of these

• a)
  Merger
• b)
  Acquisition
• c)
  Strategic Alliance
• d)
  None of the above

• a)
  Increase the tax
• b)
  Increase the profit
• c)
  Increase the cost of production
• d)
  Reduce the profit margin

• a)
  Increase in tax
• b)
  Render existing products obsolete
• c)
  Reduction in profit margins
• d)
  None of these

• A:

  Increase in new taxes

• B:

  Cost of Production

• C:

  Disposable income of people

• D:

  None of these

The answer is C.

• a)
  Threats
• b)
  Goodwill
• c)
  Less Competition
• d)
  Profits

• a)
  Shift the market demand from existing product to new ones
• b)
  Increase the cost of production
• c)
  Increase the profit
• d)
  Increase the Sale

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Social environment
• b)
  Political environment
• c)
  Technological environment
• d)
  Economic environment

• a)
  Increase in new taxes
• b)
  Cost of Production
• c)
  Disposable income of people
• d)
  None of these

• a)
  Both A and R are true and R is the correct explanation of A.
• b)
  Both A and R are true, but R is not the correct explanation of A.
• c)
  A is true, but R is false.
• d)
  A is false, but R is true.

• a)
  Both A and R are true and R is the correct explanation of A.
• b)
  Both A and R are true, but R is not the correct explanation of A.
• c)
  A is true, but R is false.
• d)
  A is false, but R is true.

• a)
  It helps in assisting in planning and policy formulation.
• b)
  It enables the firm to identify opportunities and getting the first mover advantage.
• c)
  It helps the firm to identify threats and early warning signals.
• d)
  It helps in improving performance.

• a)
  Social environment
• b)
  Legal environment
• c)
  Technological environment
• d)
  Economic environment

• a)
  Both A and R are true and R is the correct explanation of A.
• b)
  Both A and R are true, but R is not the correct explanation of A.
• c)
  A is true, but R is false.
• d)
  A is false, but R is true.

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  It helps in coping with rapid changes.
• b)
  It enables the firm to identify opportunities and getting the first mover advantage.
• c)
  It helps the firm to identify threats and early warning signals.
• d)
  It helps in improving performance.

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Complex
• b)
  Specific and general forces
• c)
  Futuristic
• d)
  Mental Exercise

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Both A and R are true and R is the correct explanation of A.
• b)
  Both A and R are true, but R is not the correct explanation of A.
• c)
  A is true, but R is false.
• d)
  A is false, but R is true.

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.

• a)
  Liberalisation
• b)
  Privatisation
• c)
  Globalisation
• d)
  None of the above
• e)
   

• a)
  Liberalisation
• b)
  Environmental Scanning
• c)
  Technological advancement
• d)
  Privatisation

• a)
  It helps the firm to identify threats and early warning signals.
• b)
  It helps in coping with rapid changes.
• c)
  It helps in assisting in planning and policy formulation.
• d)
  It helps in improving performance.

• a)
  Enables a firm to identify opportunities and getting first mover advantage
• b)
  Uncertainty
• c)
  Delay in action
• d)
  Pervasive function

• a)
  Social environment
• b)
  Legal environment
• c)
  Technological environment
• d)
  Economic environment

• a)
  Both (A) and (R) are true, and (R) is the correct explanation of (A).
• b)
  Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• c)
  (A) is true, but (R) is false.
• d)
  (A) is false, but (R) is true.