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Subject: Business Environment

Objective Question
Q.1- A multi-national corporation (MNC) is defined by ________.
Carrying out production in more than one country
Having sales in more than one country
Having a multi-ethnic workforce
Having suppliers in more than one country

Correct Answer : Carrying out production in more than one country
Q.2- Which type of organization structure is characterized by departments or units dealing with
specialized tasks
Matrix
Divisional
Hierarchical
Functional

Correct Answer : Functional
Q.3- The political system that stresses the primacy of collective goals over individual goals is
_______.
Individualism
Collectivism
Socialism
Communism

Correct Answer : Collectivism
Q.4- The system of government in a nation is called the _____.
Political system
Economic environment
Political environment
National policy

Correct Answer : Political environment
Q.5- A philosophy of an individual? Freedom in the economic and political pursuits is __.
collectivism
. Individualism
Socismali
Democracy

Correct Answer : Democracy
Q.6- The political power monopolized by a party that governs according to religious principles is
______.
Communist totalitarianism
eocratic totalitarianism
Secular totalitarianism
Tribal totalitarianism

Correct Answer : eocratic totalitarianism
Q.7- The political power monopolized by a party that governs according to religious principles is
______.
Communist totalitarianism
Theocratic totalitarianism
Secular totalitarianism
Tribal totalitarianism

Correct Answer : Theocratic totalitarianism
Q.8- The productive activities privately owned as opposed to being owned by the state are ____.
Market economy
Secular economy
Command economy
Mixed economy

Correct Answer : Market economy
Q.9- The goods and the services produced, priced and distributed by the government is ___.
Market economy
Secular economy
Command economy
Mixed economy

Correct Answer : Command economy
Q.10- The law based on the tradition of a precedent and custom is ______.
Civil law
Criminal law
Common law
. Religious law

Correct Answer : Common law
Q.11- The protection against the new invention of a product or process for a defined period is
____.
Patent
Trade mark
Copy right
Technology

Correct Answer : Patent
Q.12- The exclusive legal right of authors. Composers, play writes, artists and publishers to
publish and disperse their works is ________.
Patent
Trade mark
Copy right
Technology

Correct Answer : Copy right
Q.13- The Paris Convention for the Protection of Industry Property was dated ____.
1783
1883
1983
2003

Correct Answer : 1783
Q.14- The transfer of the ownership of state property into the hands of the private individuals by
the sale of state assets through auction is ____.
Privatization
Liberalization
Globalization
Domestication

Correct Answer : Privatization
Q.15- MFN is an acronym of _______.
Most Favorable Nations
Most Favored Nations
Most Fortune Nations
Most Fastest Nations

Correct Answer : Most Favored Nations
Q.16- The law that prevents the practices in restraint of trade is ____.
Antiboycott regulations
Antitrust Laws
Antibribery regulations
Anticorruption regulation

Correct Answer : Antiboycott regulations
Q.17- The taking over of a private firm by the host country government to be run it as a
government unit is ______.
Expropriation
Confiscation
Nationalization
Domestication

Correct Answer : Nationalization
Q.18- The requirement imposed by the host country government that gradually ownership and
management of the firm transferred to the locals is _______.
Expropriation
Confiscation
Nationalization
Domestication

Correct Answer : Domestication
Q.19- The creation of the difficult conditions in the country so as to force the foreign investors
opt out of the country _______.
Creeping expropriation
Boycott
Violence
Exchange control

Correct Answer : Creeping expropriation
Q.20- The total accumulated value of foreign- owned assets at a given period of time is __.
Flow of FDI
Stock of FDI
Inflow of FDI
Outflow of FDI

Correct Answer : Stock of FDI
Q.21- The focus on increasing profitability and profit growth by reaping the cost reduction that
come from economies of scale is ________.
. Global standardization strategy
Localization strategy
Transnational strategy
International strategy

Correct Answer : . Global standardization strategy
Q.22- The focus on increasing profitability by customizing the firm? goods or services providing
good match to taste and preferences in different national markets is ___.
Global standardization strategy
Localization strategy
Transnational strategy
International strategy

Correct Answer : Localization strategy
Q.23- The firms trying to simultaneously achieve low costs through locating economies in the
firms global network of operations is _______.
Global standardization strategy
Localization strategy
Transnational strategy
International strategy

Correct Answer : Transnational strategy
Q.24- The strategy of taking the products first produced for their domestic market and selling
them internationally with only minimal local customization is ____.
Global standardization strategy
Localization strategy
Transnational strategy
International strategy

Correct Answer : International strategy
Q.25- An agreement whereby a person grants the other the rights to intangible property for a
specified period for a return of royalty is ____.
Franchising
Licensing
Joint venture
Strategic alliances

Correct Answer : Licensing
Q.26- . The agreement in which a firm not only sells intangible property to an entity but also
insist on the strict rules as to how it does business is _____.
Franchising
Licensing
. Joint venture
Strategic alliances

Correct Answer : Franchising
Q.27- An entitlement establishing a firm that is jointly owned by two or more otherwise
independent firms ______.
Franchising
Licensing
Joint venture
Strategic alliances

Correct Answer : Joint venture
Q.28- The cooperative agreement between potential or actual competitors is ____.
Franchising
Licensing
Joint venture
Strategic alliances

Correct Answer : Strategic alliances
Q.29- The entry mode that allows firms to export their process knows- how to countries where
FDI is prohibited, thereby enabling the firm earns greater return from these assets is __.
Licensing
Consultancy exports
Project exports
Turnkey projects

Correct Answer : Turnkey projects
Q.30- The abstract ideas about what a group of people and that when taken together constitute a
design for living is _____.
Norms
Values
Attitude
Belief

Correct Answer : Values
Q.31- The social guidelines and rules that prescribe appropriate behavior in particular situation is
____.
Norms
Values
Attitude
Belief

Correct Answer : Norms
Q.32- The origin of Common law is in _____.
America
England
Russia
India

Correct Answer : America
Q.33- The law system practices in Japan are ____.
Common law
. Code law
. Civil law
Religious law

Correct Answer : . Code law
Q.34- Terrorism in the host country is a _____.
ownership risk
Operating risk
Transfer risk
General risk

Correct Answer : Operating risk
Q.35- Case law is the other name for _______.
Code law
Common law
Civil law
Criminal law

Correct Answer : Common law
Q.36- The new economic policy has components ____.
Liberalization
Privatization
Globalization
LPG

Correct Answer : Privatization
Q.37- A mixed economy is necessarily a _____.
Controlled
Planned
Organized
Planned, organized and controlled

Correct Answer : Planned, organized and controlled
Q.38- When was the first Five year Plan?
1950
1951
1952
1953

Correct Answer : 1951
Q.39- o achieve full employment
to achieve full employment
To reduce inequalities of income and wealth
. To setup a socialist society based on equality
to balanced economy

Correct Answer : to balanced economy
Q.40- What do you mean by DGTD?
Director General of Trade and Development
Director General of Total Development
Director General of Technical Development
Director General of Transport Development

Correct Answer : Director General of Trade and Development
Q.41- . Environment is synonym with ____.
Task
Relation
People
Situational variables

Correct Answer : Situational variables
Q.42- The purpose of a SWOT analysis is to analyze _______.
The business environment in which an organization operates
The strategic capability of an organization
The business environment and the strategic capability of an organization relative to its
competitors
External and organizational environments

Correct Answer : The business environment and the strategic capability of an
organization relative to its competitors
Q.43- The environmental factor that includes peoples attitude to family, religion etc is __.
Cultural
Economic
Socio- cultural
Political

Correct Answer : Socio- cultural
Q.44- The value chain attempts to identify those activities which add value to ___.
. The organizations stakeholders
The senior strategic managers in the organization
The organizations shareholders
The customer or final user

Correct Answer : The customer or final user
Q.45- The trend seen in the economic systems of the countries is that _____.
Command economies are moving towards mixed economies
Mixed economies are moving towards command economies
. Mixed economies are moving towards market economies
Market economies are moving towards command economies

Correct Answer : . Mixed economies are moving towards market economies
Q.46- A country in the stage of traditional society is characterized by _____.
Existence of traditional rule
Non- existence of industries
Predominance of agriculture
Complete absence of literacy

Correct Answer : Predominance of agriculture
Q.47- The primary objective of human resource planning is to __________.
Ensure the use of existing human resource
Forecast the future human needs
Determine the levels of recruitment
Facilitate the productivity bargaining

Correct Answer : Forecast the future human needs
Q.48- The essential feature of FDI is _____.
Investment of a very high value
Investment in shares
Investors influence on the management of the enterprise d. Investor staying apart from
management
Investor staying apart from management

Correct Answer : Investors influence on the management of the enterprise d.
Investor staying apart from management
Q.49- Society has change their expectation from "trust me" attitude regarding business to
a_______
Listen to me attitude
Help me attitude
Accept it attitude
Prove it attitude

Correct Answer : Prove it attitude
Q.50- Interactions between business and society occur _____.
Within a finite natural ecosystem
Only during an environmental crisis
When employees and community are of similar cultural backgrounds
When legislation is passed requiring interaction

Correct Answer : When employees and community are of similar cultural
backgrounds
Q.51- A successful business must meet its _________.
Economic objectives
Social objectives
Economics and social objectives
Top executives expectations

Correct Answer : Economics and social objectives
Q.52- Low power distance countries are characterized by __________.
. Lation based on equality and informality
Authority being accepted without question
Managers being paternalistic
Tall organization structure

Correct Answer : . Lation based on equality and informality
Q.53- The third phase in the public issue life cycle begin when ________.
A corporate crisis occurs
An issue begins to captu An issue begins to capture public attentionre public attention
Laws are passed
Legislative proposal or draft regulation emerge

Correct Answer : A corporate crisis occurs
Q.54- The difference between gross investment and net investment is _____.
Depreciation
Acceleration
Deceleration
Capital investment

Correct Answer : Depreciation
Q.55- Customer environmental intelligence includes _____.
Demographic factors
An analysis of the firms competitors
New technological application
The cost of producing consumer goods

Correct Answer : New technological application
Q.56- GSP stands for ______.
Goods Shipment Procedure
General System of Payments
Generalized System of Preferences
Generalized Scheme of Payments

Correct Answer : Generalized System of Preferences
Q.57- Business comprises all __________ seeking activities and enterprises that provides goods
and services necessary to an economic system.
Profit
Loss
Production
None of these

Correct Answer : Profit
Q.58- ________ is a statement which derives the role that an organization plays in a society.
Goals
Mission
Objective
Success

Correct Answer : Mission
Q.59- Economic Environment refers to all forces which have a _______impact on business.
Political
Natural
Economic
Social

Correct Answer : Economic
Q.60- Environment refers to all ______which have a bearing on the functioning of business.
Internal forces
External forces
Semi forces
Economic forces

Correct Answer : External forces
Q.61- Environment refers to all ______which have a bearing on the functioning of business.
Internal forces
External forces
Semi forces
Economic forces

Correct Answer : External forces
Q.62- _________ is a form of licensing in which the franchisor provides the franchisee with a
standard package of products as well as marketing and managing systems that have proved
successful in the home country.
Turnkey contract
Licensing
Franchising
Contracting

Correct Answer : Franchising
Q.63- ________ means joining with foreign companies to produce or market the products or
services. .
Direct investment
Joint venture
Franchising
None of the above

Correct Answer : Franchising
Q.64- Authoritarianism is otherwise called as ________________.
Economism
Democratism
Totalitarianism
Equestrianism

Correct Answer : Totalitarianism
Q.65- What are the twin objectives of our business contribution
Justice and Welfare
Food and Shelter
Law and justice
Food and Clothing

Correct Answer : Justice and Welfare
Q.66- ________are the directives to the various government and non government agencies and
are fundamental in the governance of the country.
State policies
Fundamental rights
Directive principles
Fundamental Rules

Correct Answer : Directive principles
Q.67- _______ stresses the philosophy of individualism believing in private ownership of all
agents of production.
Socialism
Communism
Capitalism
Nanoism

Correct Answer : Socialism
Q.68- . __________ assuring the dignity of individual and unity and integrity of the nation.
Fraternity
Equality
Certainty
Biosity

Correct Answer : Equality
Q.69- Which one is not the economic significance of directive principle
To minimize the inequalities in income
Securing rights to all livelihood
To promote the welfare of the people to buy and sell the products
None

Correct Answer : None
Q.70- Which one is not the economic significance of directive principle
To minimize the inequalities in income
Securing rights to all livelihood
To promote the welfare of the people to buy and sell the products
None

Correct Answer : None
Q.71- In which year the essential commodities act introduced.
1954
1955
1956
1957

Correct Answer : 1955
Q.72- Which is the one not included in national culture
Language
Internet
Belief
Attitude

Correct Answer : Internet
Q.73- Culture spreads from one place to another and such transmission is called as _____.
Difference
Reputation
Adoption
Heritage

Correct Answer : Adoption
Q.74- An attitude composed of ____________ effect.
Flextime
Cognition
Relationship
Culture

Correct Answer : Cognition
Q.75- What is the main occupation of Kshatriyas
Engaged in cleaning
Engaged in trade
Engaged in army work
Engaged in ruling

Correct Answer : Engaged in ruling
Q.76- The main objective of society and business is __________.
Economic and social objective
Cultural objective
Technological objective
Non objective

Correct Answer : Economic and social objective
Q.77- ._________ is defined as systematic assessment of the social impact of the activities of a
business firm.
Social audit
. Social responsibility
Social interaction
Hatredness

Correct Answer : Social audit
Q.78- What are the elements of business ethics
Values, rights and duties
Attitudes, pressure and environment
Value, environment and attitude
Recognition

Correct Answer : Values, rights and duties
Q.79- Corporate values are the __________ of the corporate sector.
Shared values
Moral beliefs
Customer satisfaction
None of the above

Correct Answer : Moral beliefs
Q.80- Developments banks are otherwise called as_________.
LIC
UTI
DFI
Barter

Correct Answer : DFI
Q.81- Narasimham committee deals with appreciation of criticism on _________.
DFI
UTI
FDI
PDI

Correct Answer : DFI
Q.82- _______________ is a market where securities are bought and sold.
Trade fair
Vegetable market
Stock fair
Flower Market

Correct Answer : Stock fair
Q.83- Reserve Bank of India introduced certificates of deposit in __________.
1964
1989
1986
1990

Correct Answer : 1989
Q.84- Fiscal policy refers to the policy of government regarding taxation, public expenditure
and_____________.
Public debt
Budgets
Policies
None of the above

Correct Answer : Budgets
Q.85- The sixth plan mentions 17 criteria for determining the prevalence of ___________.
Poor
Academician
Backwardness
Business

Correct Answer : Backwardness
Q.86- New policy has four new components namely liberalization, privatization ___________
and stabilization.
Globalization
Domestication
Democracy
Economization

Correct Answer : Globalization
Q.87- One concept of culture determines the ____________ of people.
Experience
Ethics
Education
Wealth

Correct Answer : Ethics
Q.88- Self fulfillment and immediate gratification ____________ cultural values.
Decreases
Rises
Diminishes
Slow down

Correct Answer : Rises
Q.89- National stock exchange was set up as a joint stock company by all Indian financial
institution and banks on November27 ____________.
1991
1992
1993
1994

Correct Answer : 1992
Q.90- . The benefit of OCTEI is ________________.
It offers complete transparency in dealings
It offers both liquidity and security
Transactions are made fast and quick
It is not investor friendly

Correct Answer : It is not investor friendly
Q.91- The natural environment is important to man in two respects. It is a storehouse of certain
source material and _________________.
It provides physical and biological condition for consumption and happiness
It provides education on medical care
It provides support to animals
None of the above

Correct Answer : It provides physical and biological condition for consumption and
happiness
Q.92- Ackerman s model is ____________ model.
Social responsibility
Computer
Employee
Science

Correct Answer : Social responsibility
Q.93- Waldsterben is called as _____________.
Forest death
Wildlife death
Human life
Human death

Correct Answer : Forest death
Q.94- With the advent of technology, jobs tend to become ___________.
Degraded
Upgraded
Slow
. Slight slow

Correct Answer : Upgraded
Q.95- The most fundamental effect of technology is greater __________ in terms of both quality
and quantity.
. Profitable
. Productivity
Change
None of the above

Correct Answer : . Productivity
Q.96- _____________ % of economic growth of USA, UK, Germany have come from technical
progress achieved in these countries.
60%
70%
50%
55%

Correct Answer : 50%
Q.97- ______________ change is a potent form for the reconfiguration of industrial boundaries.
Technological
Economical
Organizational
Environmental

Correct Answer : Technological
Q.98- Obsolescence means _____________of products.
Implementation
Outdated
Assessment
None of the above

Correct Answer : Outdated
Q.99- Corporate contribution to political parties are now been ____________ in our country.
Legalized
Customized
Introduced
None of the above

Correct Answer : Legalized
Q.100- The authority courts are to settle _____________.
Family disputes
Legal disputes
Personal disputes
. None of the above

Correct Answer : Legal disputes
Q.101- The _____________ is an introduction to the constitution and contains its basic
philosophy.
Preamble
Society
Process
None of the above

Correct Answer : Preamble
Q.102- The term fraternity implies the spirit of _________________.
Brotherhood
Judiciary
. Justice
Value

Correct Answer : Brotherhood
Q.103- ________________ signifies the absence of any arbitrary restraint on the freedom of
individual action and creations for the development of personality of the individual.
Fraternity
Liberty
Secularism
Socialism

Correct Answer : Liberty
Q.104- Secularism is understood to mean according equal encouragement to all ________.
Country
Ethics
Values
Religion

Correct Answer : Religion
Q.105- _________________ state can have an elected or hereditary head.
Democratic
Autocratic
Socialized
None of the above

Correct Answer : Democratic
Q.106- Anzcert means Australia and ______________ which have closer economic relation and
trade agreement.
New Jersey
Nether land
New Zealand
Nepal

Correct Answer : New Zealand
Q.107- India is a member of two trading blocks BA and SAPTA in addition to being the founder
member of ____________.
WTO
AFTA
KUN
PTA

Correct Answer : WTO
Q.108- Businesses represent the organized efforts of enterprises to supply _______ with goods
and services.
Producers
Consumers
Intermediaries
All of these

Correct Answer : Consumers
Q.109- Business is a system created to satisfy societies need and desires
. Desires
Functions
. Affection
Culture

Correct Answer : . Desires
Q.110- _______is a primary mechanism for motivating business activities.
. Social relationship
. Profit
Customers
. Assets

Correct Answer : . Profit
Q.111- According to whom, business environment is defined as total of all things external to
firms and industries which effect their organization and operations
. Arthur.M.welmer
John wick
Bayord.O.wheel
Mathew smith

Correct Answer : . Arthur.M.welmer
Q.112- Business environments is encompassed as the climate or set of condition, Economics,
social (or) institutional in which business ___________are conducted.
Operations
Customs
Rituals
Meetings

Correct Answer : Operations
Q.113- Business a vast and fascinating subject
Profit
Loss
Fun
love

Correct Answer : Profit
Q.114- What is the single word that can best describe todays business
Technology
Profit making
Change
People

Correct Answer : Change
Q.115- How many main characteristics does todays business have
Six
Four
Ten
Eight

Correct Answer : Eight
Q.116- The modern business is said to be____________ and fast.
Slow
Bright
Dynamic
Feeble

Correct Answer : Dynamic
Q.117- The modern business is said to be____________ and fast.
Slow
Bright
Dynamic
Feeble

Correct Answer : Dynamic
Q.118- The modern business is said to be____________ and fast.
Slow
Bright
Dynamic
Feeble

Correct Answer : Dynamic
Q.119- What does the term bigness mean in business
Mass production
Mass marketing
Mass production and mass marketing
Low sales

Correct Answer : Mass production and mass marketing
Q.120- _______are gradually replacing manual labour in the manufacturing process
Technology
Machine
Robots
All the above

Correct Answer : Machine
Q.121- Todays business is not characterized by _________________.
. Diversification
. Loss
Fight
Conflict

Correct Answer : . Diversification
Q.122- Internationalization of business is a mean of sustaining a strong domestic Base in term of
technology, product, market and capital over a ____________ period.
Shorter
Longer
Medium
Low

Correct Answer : Longer
Q.123- Interference of government in business is common in every ______________
Country
Department
Unit
Work

Correct Answer : Country
Q.124- Interference of government in business was on the ascendancy of _________.
1960
1970
1980
1990

Correct Answer : 1980
Q.125- Every economy totally free from government role
Government
Private
Small
Big

Correct Answer : Government
Q.126- Producers
Producers
Intermediaries
Finances
Consumers

Correct Answer : Consumers
Q.127- Competition is beneficial to the competing firms besides benefiting the ______.
Producers
Intermediaries
Finances
Consumers

Correct Answer : Consumers
Q.128- What are the main concepts concerning about business goals or objectives
Mission, objectives
Mission, targets
Mission, objectives, target
Target, objectives

Correct Answer : Mission, objectives, target
Q.129- Mission is a statement which defines the role that ______plays in a society.
People
Organization
Labour
Market

Correct Answer : Organization
Q.130- The targets fixed in business will have much ____________ time span
Longer
Medium
Short
Fine

Correct Answer : Short
Q.131- Goals realization continuously will lead to _______
Mission fulfillment
Maximum customers
. High revenue
Low revenue

Correct Answer : Mission fulfillment
Q.132- Profit making is the ___________ goal of any business enterprise
Primary
Secondary
Fixe
Non fixed

Correct Answer : Primary
Q.133- How many goals the business may have
Six
Nine
Eight
Ten

Correct Answer : Nine
Q.134- _______in the business through which new ideas and innovations are given a sharp and
are converted into useful products and services.
Market leadership
Challenge
Joy of creation
Growth

Correct Answer : Joy of creation
Q.135- _______in the business through which new ideas and innovations are given a sharp and
are converted into useful products and services.
Market leadership
Challenge
Joy of creation
Growth

Correct Answer : Joy of creation
Q.136- _______in the business through which new ideas and innovations are given a sharp and
are converted into useful products and services.
Market leadership
Challenge
Joy of creation
Growth

Correct Answer : Growth
Q.137- What is the significance of business environment
First mover advantage
Competition
Information
Globalization

Correct Answer : First mover advantage
Q.138- __________ refers to all external forces which have a bearing on the functioning of
business.
Technology
Climate
Force
Environment

Correct Answer : Environment
Q.139- Macro environment is also known as _________.
Direct environment
Indirect environment
Competitive environment
Social environment

Correct Answer : Indirect environment
Q.140- Micro environment is also known as ______________.
Direct
Indirect
Same
Fine

Correct Answer : Direct
Q.141- Macro environment consist of ______environment.
Public
Political and legal
Suppliers
Customers

Correct Answer : Political and legal
Q.142- Social and cultural environment comes under _______________environment.
Micro
Macro
Semi micro
De micro

Correct Answer : Macro
Q.143- What does micro environment consists of
Economic
Political & legal
Competitors
Natural

Correct Answer : Competitors
Q.144- Natural environment comes under _______________ environment category.
Micro
Macro
Semi micro
De micro

Correct Answer : Macro
Q.145- _________refers to all forces which have an economic impact.
Technological environment
Political environment
Economic environment
Social environment

Correct Answer : Economic environment
Q.146- Political environments refers to the influence exerted by the ______political institutions
2
3
4
5

Correct Answer : 3
Q.147- What are the bodies which political environment consists of
Legislature
Executive
Judiciary
All the above

Correct Answer : All the above
Q.148- __________ decides on a particular course of action in business problem.
Legislature
Executive
Judiciary
All the above

Correct Answer : All the above
Q.149- ____________is also called government which implements whatever is decided by the
parliament.
Legislature
Executive
. Judiciary
None of the above

Correct Answer : Executive
Q.150- _______plays the watch dog in order to ensure that both function in public interest and
within the boundaries of constitution.
Legislature
Executive
. Judiciary
None of the above

Correct Answer : Executive
Q.151- . Is a stable and dynamic political environment is indispensable for ___________ growth
Business
. Human
Child
Politics

Correct Answer : Business
Q.152- How many goals do the environment analysis has
2
3
4
5

Correct Answer : 3
Q.153- ________should facilitates & enhances strategic thinking in organization.
Strategic management
Environmental analysis
. Political analysis
Public analysis

Correct Answer : Environmental analysis
Q.154- Environment analysis provides inputs for strategies in ____________ making.
. Decision
. Mission
. Vision
Role

Correct Answer : . Decision
Q.155- _____________ to leisure varies from country to country.
Altitude
Function
Motivation
Pain

Correct Answer : Altitude
Q.156- he development of broad strategies and long term ____________of firm are the benefits
of environmental analysis.
Policies
Altitudes
Rules
Peace

Correct Answer : Policies
Q.157- __________ stresses the negative consequences of failure to study the environment
William F.glueck
Lawrence R.jauch
. Jothi
None of the above

Correct Answer : . Jothi
Q.158- Environmental analysis not foretells the future, nor does it eliminate uncertainty for any
organization
Future
Past
Present
Function

Correct Answer : Future
Q.159- The entry barrier refers to the ease with which firms can enter an industry
Firms
Vehicles
People
Workers

Correct Answer : Firms
Q.160- _______refers to the intensity of competition among firms.
Intensity of rivalry
Competitiveness
Absolute competition
Non competence

Correct Answer : Intensity of rivalry
Q.161- ________identifies the early signals of possible environment changes.
Scanning
Monitoring
Forecasting
Assessing

Correct Answer : Scanning
Q.162- ________ involves tracking environment trend, sequence of events (or) streams of
activities
Scanning
Monitoring
Forecasting
Assessing

Correct Answer : Monitoring
Q.163- ________is concerned with developing projection of direction, scope, speed and intensity
of environmental change.
Assessing
Forecasting
Scanning
Monitoring

Correct Answer : Forecasting
Q.164- The ______________ involves identifying and evaluating how and why current and
projected environment change which effect strategic management of the organization
Assessment
Report
Job
Work

Correct Answer : Assessment
Q.165- The scholar made research in the food canning market in______.
U.S.A.
U.K.
Russia
Africa

Correct Answer : U.S.A.
Q.166- The Scholar identifies the types of environment which should be ____________ in
number.
2
3
4
5

Correct Answer : 4
Q.167- The Scholar identifies the types of environment which should be ____________ in
number.
2
3
4
5

Correct Answer : 4
Q.168- _______involves a degree of purposefulness by manager as he receives information
inputs.
Informal research
Formal research
Indirect viewing
Conditioned Viewing

Correct Answer : Conditioned Viewing
Q.169- _______ refers to the managers exposure and perception of information that has no
specific purpose.
Informal research
Formal research
Indirect viewing
Conditioned viewing

Correct Answer : Indirect viewing
Q.170- Porters model represent the relationship between _______.
Organizational and environment
Society and environment
Organization and society
Society and industry

Correct Answer : Organizational and environment
Q.171- ________environment refers to all economic factors which have a bearing on the
functioning of a business.
Economics
Technological
Natural
Social

Correct Answer : Economics
Q.172- . Growth strategy which was based on________ model which gave control role to the
state.
Legal planning
Super planning
Government planning
Soviet planning

Correct Answer : Soviet planning
Q.173- The first five year plan was given in which year.
1953
1952
1951
1950

Correct Answer : 1951
Q.174- second five year plan was given during __________.
1956
1957
1958
1959

Correct Answer : 1956
Q.175- ___________ stresses the philosophy of individualism believing in private ownership.
Capitalism
Socialism
Marxism
Developism

Correct Answer : Capitalism
Q.176- Marxism _______________ was followed in Russia and China.
Contact
Principles
Food
Customs

Correct Answer : Principles
Q.177- Under Socialism the tools of production are managed by__________.
Public
Government
Owners
Employees

Correct Answer : Government
Q.178- In capitalism losses assumed by the ___________.
Employees
Owners
Managers
Public

Correct Answer : Owners
Q.179- In capitalism profits and wages are in relation to ones ___________________ .
Ability
Strain
Loss
Risk

Correct Answer : Ability
Q.180- Depreciation is permitted in ____________.
Socialism
Communism
Capitalism
Economism

Correct Answer : Communism
Q.181- Marxism is otherwise called _______.
Socialism
Economism
Communism
Capitalism

Correct Answer : Communism
Q.182- In communism the ______________ determines ones employer and employment
State
Country
Business
People

Correct Answer : State
Q.183- The October revolution of 1917 saw for the first time emergence of a state based on
________ principles.
Marxist
Communist
State
None of the above

Correct Answer : Marxist
Q.184- The weakness of Marxism is the __________ of individual freedom.
Acceptance
Denial
Socialization
Lending

Correct Answer : Denial
Q.185- Socialism seems to fall between capitalism and __________.
Communism
Patriotism
Marxism
Formalism

Correct Answer : Communism
Q.186- Has the per capita income increased or decreased from 1980 to 2009
Increased
Decreased
Medium
Low

Correct Answer : Increased
Q.187- Population is a component of the total ______environment.
Economic
Social
Natural
Technology

Correct Answer : Economic
Q.188- Which plan gives priority for family planning
State policy
Judicial policy
. Industrial
Energy policy

Correct Answer : State policy
Q.189- Governments policy towards industries is called as ________.
Economic policy
Industrial policy
Monetary policy
Work policy

Correct Answer : Industrial policy
Q.190- Industrial policy was set up in the year _______.
1955
1956
1957
1958

Correct Answer : 1956
Q.191- One of the objectives of industrial policy is to accelerate the rate of economic Growth
and speed up ___________.
Industrialization
Liberalization
Protestation
Germination

Correct Answer : Industrialization
Q.192- Announcement of a new industrial policy was done by Mr.P.V.NARASIMHA RAO in
the year ________.
1991
1992
1993
1994

Correct Answer : 1991
Q.193- ______ act is called as monopolies & restrictive trade practices act.
MRTP
MART
MARTP
MPRT

Correct Answer : MRTP
Q.194- The liberalization of the rules relating to FDI permitting _______% equity in wide range
of Industries.
50
51
52
53

Correct Answer : 51
Q.195- A license is a ______permission issued by the government to an industrial undertaking.
Oral
Written
Verbal
Non verbal

Correct Answer : Written
Q.196- One of the objectives of licensing is to protect __________ industries against competition
of large scale industries.
Small scale
Medium scale
Low scale
High scale

Correct Answer : Small scale
Q.197- The legislative frame work for industrial licensing is provided by the
_______development and Regulation act.
Industries
Small scale
Labor
Owner

Correct Answer : Industries
Q.198- Which of the following is not an Environment impact study
Forest conservation
Decentralization
Sanctuary Development
Health Aspects

Correct Answer : Decentralization
Q.199- FERA is foreign ________ regulation act.
Exchange
Investment
Equity
Equilibrium

Correct Answer : Exchange
Q.200- The institutionalization involves in _________ steps.
2
3
4
5

Correct Answer : 3
Q.201- GDP is growth domestic ________.
Product
Profit
Peace
Post

Correct Answer : Product
Q.202- . PSU is _______ sector unit.
Public
Private
People
Priest

Correct Answer : Private
Q.203- Steel authority of India ltd is abbreviated as ________.
SAOIL
SAIL
STAL
SAOLT

Correct Answer : SAIL
Q.204- . Bureau of public enterprises will act as an interface between the ____________ and
public sector.
Government
Private
. Public
Customer

Correct Answer : Government
Q.205- Who gave a practical shape to privatization
Margarat thatcher
Louis peter
Williams
Fayol

Correct Answer : Margarat thatcher
Q.206- The objective of privatization is to improve the performance of ___________.
PSU
PUS
PVT
PST

Correct Answer : PSU
Q.207- The techniques of privatization are contract _______and concession.
Building
Free
Leases
Hire purchase

Correct Answer : Leases
Q.208- There are _____sins of privatization.
5
6
7
8

Correct Answer : 7
Q.209- In 1993 _______committee was appointed by the government to recommend few
measures for effective privatization.
Rangarajan
Thangarajan
Srinivasan
Soundarajan

Correct Answer : Rangarajan
Q.210- One of the significance of SSI is promoting ____________.
Giant organization
Profits
Performance
Quality of products

Correct Answer : Giant organization
Q.211- The _________ argument by industrial policy evolution impresses the necessity of
regional dispersal of industries.
Decentralization
Centralization
Liberalization
Globalization

Correct Answer : Decentralization
Q.212- DIC is called ___________________.
District Industrial Center
Distribution Industrial Center
District Institution Center
Distribution Institution Center

Correct Answer : District Industrial Center
Q.213- Seed margin money scheme objective is to ______________.
Reduce the incidence of sick units
Reduce the power cut
. Reduce the loss
. Increases the profit

Correct Answer : Reduce the incidence of sick units
Q.214- sfC and NSIC give ____________ to small scale units.
Finance
Financial assistance
Loan
Training

Correct Answer : Financial assistance
Q.215- What is SIDBI.
Service Industries Development Business Incorporates
Small Industries Development Bank of India
Self Indian District, Backward Industries
None of the above

Correct Answer : Small Industries Development Bank of India
Q.216- NABARD was setup in _________.
1983
1984
1982
1981

Correct Answer : 1982
Q.217- _________________ gives financial assistance to small scale industries.
NABARD
SIDCO
MSME
SME

Correct Answer : NABARD
Q.218- SIDO offers ______________.
Industrial Management and Training
Management Training
Training for laser
Entrepreneurial Training

Correct Answer : Industrial Management and Training
Q.219- Actually sickness where units being closed for more than ___ months.
5
6
7
12

Correct Answer : 6
Q.220- Sickness is of two types one actual sickness the other_________.
Default sickness
Wealth less sickness
Incipient sickness
Recipient sickness

Correct Answer : Incipient sickness
Q.221- . ___________ in cash credit account is one of the signals of sickness.
. Continuous irregularity
Irregularity
Regularity
Periodically

Correct Answer : . Continuous irregularity
Q.222- IDBI, IFCI, ICICI and nationalized commercial banks __________ in preventing
industrial sickness.
Favorable
Unfavorable
Conditional
Unconditional

Correct Answer : Unfavorable
Q.223- A stock exchange is a market where securities are _____________.
Bought
Sold
Bought and sold
None of the above

Correct Answer : Bought and sold
Q.224- Image of the company goes up once the _______ are listed on a stock exchange.
Shares
Investment
Profit
Stock

Correct Answer : Shares
Q.225- Transaction on a stock market exchange are carried on either for investment or for
_________.
Speculation
Ownership
Partnership
Functioning

Correct Answer : Speculation
Q.226- _______ is speculation who buys shares for selling them for higher price.
Tejiwala
. Mandiwala
Stage
Bear

Correct Answer : Tejiwala
Q.227- A _________ neither buys nor sells but applies for subscription to the new issues.
Bear
. Bull
Deer
Dear

Correct Answer : Deer
Q.228- . _________ act is a legislation which empowers the government to regulate the stock
exchange.
Functional act
Securities contract act
Legal act
Stock exchange act

Correct Answer : Securities contract act
Q.229- The major responsibility of RBI is __________.
Healthy regulation
Monetary regulation
Work regulation
Industrial regulation

Correct Answer : Monetary regulation
Q.230- ________ include knowledge, belief, moral and customs acquired by an individual as a
Member of a society.
Culture
Structure
Change
Environment

Correct Answer : Culture
Q.231- Attitudes towards work and goal is based on ___________.
Cultural factor
Strategy
Profit
Social responsibility

Correct Answer : Cultural factor
Q.232- Culture tends to put a _________ stamp upon them.
Problem
Personality
Perception
Plan

Correct Answer : Personality
Q.233- The exercise of authority varies according to the ___________.
Management
HR
Responsibility
Profit

Correct Answer : Management
Q.234- _________ were the priests who where in the lowest position.
Brahmins
Kshatriyas
Vaishyar
Sudras

Correct Answer : Kshatriyas
Q.235- _______ was in the first position in their social status.
Brahmins
Vaishyar
Kshatriyas
Sudras

Correct Answer : Brahmins
Q.236- Vaishyar who looked after the ___________.
Traders
Routers
Customers
Priest

Correct Answer : Traders
Q.237- . One spirit of collectivism and individualism is related to ________ aspects as employee
morale.
Personnel
Management
Cultural
Social

Correct Answer : Personnel
Q.238- Women now enjoy equal status with men in their education and __________.
Profession
Parliament
Culture
Social

Correct Answer : Profession
Q.239- Ethics is important to create ____________.
Value and belief
Interest
Attitude
Perception

Correct Answer : Value and belief
Q.240- _______ refers of the code of conduct that does not guide an individual.
Ethics
Culture
Attitude
Value

Correct Answer : Culture
Q.241- A man desires to be ethical, not in his private life but also in his _______ affairs.
Business
Social
Political
Legal

Correct Answer : Business
Q.242- Ethical attitude _________ helps management make better.
Decision
Structure
People
Provision

Correct Answer : Structure
Q.243- Cultural resources refer to the heritage which makes the country ________.
Distractive
Constructive
Destruction
Pollution

Correct Answer : Constructive
Q.244- Cultural opportunities may challenge youth to raise the achievement, drives and provides
_________ outlets.
Favorable
Unfavorable
Undesirable
Unfruitful

Correct Answer : Favorable
Q.245- Ackermans model is one of the _______ responsibility models.
Social
Cultural
Environmental
Management

Correct Answer : Social
Q.246- Ackermans model describe _________ through which companies tend to in
developing a response to social issues.
3 phases
4 phases
5 phases
6 phases

Correct Answer : 3 phases
Q.247- Arrols model has ______parts.
1
2
3
4

Correct Answer : 4
Q.248- . Social obligation is held by the companies which believe that they have an obligation to
obey the ______.
Law
Order
Regulation
Profit

Correct Answer : Law
Q.249- ________ is the position taken by the companies which believe in deep obligation to
serve the society.
Social contribution
social obligation
CSR
Social response

Correct Answer : CSR
Q.250- __________ is concerned with the relationship of living things and their environment.
Ecology
Penology
Geology
Menology

Correct Answer : Ecology
Q.251- Population explosion characteristically called the population _______.
Bomb
Desire
Interest
Need

Correct Answer : Bomb
Q.252- Industrialization has raised the standard of _________.
Employees
Owners
Shopkeepers
Farmers

Correct Answer : Employees
Q.253- Damage to environment is caused by vehicular traffic and __________.
Birds
Pollution
Animals
Human beings

Correct Answer : Pollution
Q.254- Water logging & increased salinity & alkalinity of soil are the manifestation of
________.
Pollution
Medicine
Rain
Waterfall

Correct Answer : Pollution
Q.255- Oxides of nitrogen & carbon monoxide are known as air _______causing and damaging
to human health.
Pollution
Catalysts
Oxidizes
Photosynthesis

Correct Answer : Pollution
Q.256- Technology reaches people through business by different ___________.
Machines
People
Culture
Value

Correct Answer : Machines
Q.257- Change of technology is a norm & not an _________ in the current world.
Exception
Extra
Experiment
Doubt

Correct Answer : Exception
Q.258- . Technology has not resulted in complexity & __________ the world.
Pulled down
Elevated
Pushed
Praise

Correct Answer : Elevated
Q.259- Technological change is a potent force in the reconfiguring of industrial boundaries and
__________.
Business
Peace
Stability
Power

Correct Answer : Business
Q.260- Robotics is a process innovation through __________ development.
Technological
Financial
Bluetooth
Business

Correct Answer : Technological
Q.261- The basic objective of the technology policy will be development of indigenous
technology and adaptation of imported technology appropriate to _______ priorities.
National
International
Interest
Need

Correct Answer : National
Q.262- One technology policy is formulation in the year______.
1992
1993
1994
1995

Correct Answer : 1993
Q.263- Customers the element of BE comes under the category of ____________.
Macro environment
Micro environment internal
Internal environment
. None of the above

Correct Answer : Micro environment internal
Q.264- Environmental analysis is not a guarantee of organizations _________.
Effectiveness
Function
Talent
Machines

Correct Answer : Effectiveness
Q.265- Identifying early signals of possible environment changes is termed as __________.
Assessing
Monitoring
Scanning
Implementing

Correct Answer : Assessing
Q.266- The center for political authority for all functions is ___________.
Legislature
Executive
Judiciary
Priest

Correct Answer : Legislature
Q.267- Monitoring in environment analysis involves tracking of environment trends, sequence of
events of ____________.
Activities
Construction
Destruction
Peace making

Correct Answer : Activities
Q.268- . There are ________ fundamental rights.
10
12
14
16

Correct Answer : 14
Q.269- Spirit of brotherhood is otherwise termed as ___________.
Fraternity
Liberty
Secularism
Maternity

Correct Answer : Liberty
Q.270- Maternity
Preamble
Fundamental rights
Directive principles of state policy
None of the above

Correct Answer : Fundamental rights
Q.271- Fundamental rights are ________ in character.
Negative
Positive
Humble
Polite

Correct Answer : Negative
Q.272- Constitution of India has _______ facts.
4
6
3
8

Correct Answer : 4
Q.273- Enormous spending on ________ resulted in the fast development and change in
terminology.
Designing
R and D
D and R
P and R

Correct Answer : R and D
Q.274- Which environment refers to all forces which have a technological impact on business
Economic environment
Political environment
Technological environment
Physical environment

Correct Answer : Technological environment
Q.275- ___________ model is one which focuses on organization & environment operations.
Social
Industry
Mechanical
Technology

Correct Answer : Mechanical
Q.276- Of the 4, which is the most powerful political institution
Preamble
Legislature
Executive
Judicial

Correct Answer : Preamble
Q.277- The sick industrial companies act was passed by _________
Legislature
Parliament
Judiciary
Public

Correct Answer : Legislature
Q.278- ________ refers to board for industrial and financial reframing.
BFIR
BIFR
BOIFR
BIFRG

Correct Answer : BFIR
Q.279- An element of business environment comes under the condition of __________.
Macro environment and micro environment
Internal environment
External environment
Local environment

Correct Answer : Macro environment and micro environment
Q.280- The Hyogo earthquake came exactly ________ year after the Los Angeles earthquake.
1
2
3
4

Correct Answer : 1
Q.281- Identifying early signals of possible environmental changes is by _________.
Scanning
Monitoring
Assessment
Implementation

Correct Answer : Scanning
Q.282- The type of environment in which the resources are distributed in a random way
Randomized environment
Deserted environment
Turbulent environment
Systematic environment

Correct Answer : Randomized environment
Q.283- Introduction to the constitution is ___________.
Preamble
Fundamental rights
Directive principles of state policy
None of the above

Correct Answer : Preamble
Q.284- The principle that implies, the spirit of brotherhood is _________.
Customers sovereignty
Socialist
Fraternity
Community

Correct Answer : Fraternity
Q.285- How many are the fundamental rights.
5
8
12
None of the above

Correct Answer : 8
Q.286- _____________ implies an elected head of state.
Socialism
Secularism
Liberalization
Republic

Correct Answer : Republic
Q.287- Provision dealing with welfare comes under
Directive principles of state policy
Constitution of India
Preamble
Premble

Correct Answer : Directive principles of state policy
Q.288- Fundamental rights emphasis about right to life and ____________ property.
Personal
Private
Enemy
Friend

Correct Answer : Personal
Q.289- On the basis of spreading, interventions are categorized into ___________.
Direct and indirect
Cohesive and inductive
Formal and informal
Usual and unusual

Correct Answer : Direct and indirect
Q.290- Who is called as the instrument of institutions.
Constitution
. Legislature
Directive principles of state policy
Privatization

Correct Answer : . Legislature
Q.291- Preamble of constitution proclaims ________.
Justice
. Sovereignty
. Liberty
raternity

Correct Answer : Justice
Q.292- Miscellaneous provisions come under directive principles of _______ policy.
State
Government
. Central
Town

Correct Answer : State
Q.293- The center of political authority is ___________.
Executive
Judiciary
Legislature
Park

Correct Answer : Legislature
Q.294- Business responsibility to Government includes in _________.
Tax payment
Tariffs and quotas
Inspection
Licenses

Correct Answer : Tariffs and quotas
Q.295- Environmental study provides _____ for environmental analysis.
I by p
E by p
Q by p
. S by p

Correct Answer : I by p
Q.296- ______________ keeps oneself dynamic.
Strategy formulation
Strategy implementation
Environment analysis
Environment

Correct Answer : Environment analysis
Q.297- Prospective mode focuses on identifying __________ of potential environmental change.
Protectors
Indicators
Converters
. Loss

Correct Answer : Indicators
Q.298- The center of political authority is ___________.
Executive
Judiciary
Legislature
Park

Correct Answer : Legislature
Q.299- _____________analysis the warning signals of potential environmental changes already
taking place.
Assessment
Monitoring
Scanning
Viewing

Correct Answer : Assessment
Q.300- ________ means complete dependence on another countries rule.
Democratic
Sovereignty
Monarch
Communism

Correct Answer : Sovereignty