Test: Business Environment- 1


30 Questions MCQ Test Business and Commercial Knowledge | Test: Business Environment- 1


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This mock test of Test: Business Environment- 1 for Commerce helps you for every Commerce entrance exam. This contains 30 Multiple Choice Questions for Commerce Test: Business Environment- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Business Environment- 1 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Business Environment- 1 exercise for a better result in the exam. You can find other Test: Business Environment- 1 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

In which of the following basic categories can business environment be divided?

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QUESTION: 2

____ is a statement Which derives the role that an organisation plays in a society.

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QUESTION: 3

Economic environment refers to all forces which have a _____.

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QUESTION: 4

______environment is with in the control of the business.

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QUESTION: 5

____ environment is beyond the control of the business.

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QUESTION: 6

Micro environment is also called as ________.

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Micro environment is defined as the nearby environment, under which the firm operates.
Micro environment is the environment that originates inside the organisation and affects the business operations directly and the businessman has absolute control over these forces. 
Microenvironment (business), nearby factors that affect a company's ability to serve its customers, such as the company itself, suppliers, marketing intermediaries, customer markets and the public.So its a operating environment

QUESTION: 7

Macro environment is also called as _______.

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QUESTION: 8

The environment which is close to business and affect its capacity to work is known as ___environment.

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QUESTION: 9

Factors that create opportunities and threats to business units is known as_______.

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QUESTION: 10

Internal factors affecting a business environment also are referred to ____factors.

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QUESTION: 11

External factors affecting a business environment also be referred to ___factors.

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QUESTION: 12

Study of human population is called as _____ environment.

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QUESTION: 13

IN which year the essential commodities act introduced___.

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QUESTION: 14

Which is the one not included in national culture?

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QUESTION: 15

Culture spreads from one place to anther and such transmission is called as ________.

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QUESTION: 16

An attitude composed of effect____.

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QUESTION: 17

What is the main occupation of Kshatriyas?

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QUESTION: 18

A systematic application of scientific knowledge to practical task is known as________.

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QUESTION: 19

___ is defined as systematic assessment of the social impact of the activities of a business firm.

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Social accounting is the systematic assessment and reporting on those aspects of a company's activities that have a social impact. ... This is so because to make rational investment decisions in the social area, it is necessary to know what the social returns are.

QUESTION: 20

What are the elements of business ethics?

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QUESTION: 21

Corporate values are the _______ of the corporate sector.

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QUESTION: 22

The economic system in which business units or factors of production are privately owned and governed is called as______.

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QUESTION: 23

The economic system in which both public and private sectors co exist is known as ___economy.

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“Mixed economy is that economy in which both government and private individuals exercise economic control.” –Murad.

It is a golden mixture of capitalism and socialism. Under this system there is freedom of economic activities and government interferences for the social welfare. Hence it is a blend of both the economies. The concept of mixed economy is of recent origin.

QUESTION: 24

One Reserve Bank of India introduced certificates of deposit in ____.

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QUESTION: 25

Fiscal policy refers to the policy of government regarding taxtation public expenditure and ____.

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QUESTION: 26

The sixth plan mentions 17 criteria for determining the prevalence of ____.

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QUESTION: 27

Fiscal policy is called as ______ policy.

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QUESTION: 28

One concept of culture determines the ___ of people.

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QUESTION: 29

Self fulfillment and immediate gratification are_____cultural values.

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QUESTION: 30

National stock exchange was set up a joint stock company by all indian financial institution and banks on November 27 ____.

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