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Business Environment Question Bank

Business Environment Question Bank

Q      Define Business Environment.

Q      What are the dimensions of Business Environment?

Q      Explain the features of Business Environment.

Q      How are various dimensions of Business Environment interrelated?

Q      What is the importance of study of Business Environment?

Q      What are the general forces affecting the Business Environment.

Q      What do you mean by business opportunity?

Q      What is business threat?

Q      What are various specific forces that affect Business Environment?

Q      What are the components of economic environment?

Q      Give features of new trade policy.

Q      Which are the major acts that are significant for the modern business?

Q      What are the micro level factors affecting the Business Environment?

Q      What are the macro level factors affecting the Business Environment?

Business Environment Question Bank

Q      Which environment describes characteristics of the society in which the organization exists.

Q      Which element / dimension of business environment involves improvement and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business.

Q      Which environment prohibits the advertisement of alcoholic beverages?

Q      Banking sector reforms have led to easier credit terms and better services. This is an example of a key component of the “Business Environment “name this component?

Q     ‘Demand for reservation in jobs for minorities refers to an example of key component of general environment  of business. Name this component.

Q      It is the process by which government control over the industry is being loosened. Give the term to which this statement is trying to indicate.

Q      Which process aims at giving greater role to the private sector role to the public sector?

Business Environment Question Bank

Write the values positive or negative, involved the following cases. (Not in CBSE pattern now.)

Q      In recent times the Govt. has increased the prices of diesel and LPG.

Q      After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India.

Q      Mr. Jagat is working in a toy manufacturing company. He is working as General Manager – Finance in Accounts Payable department of the company. One of the vendors approaches him to release a disputed payment for which he promised to give 5% commission to Mr. Jagat. He refused to do this and also warned vendor does not do it again in future.

Q      ABC Ltd. is a multinational company operating in most of the countries of the world. They have a subsidiary in India. They decided to distribute Diwali gifts to the employees of Indian subsidiary as that is part of Indian culture at the time of Diwali festival.

Q      Decline in interest rates on housing loans declared by RBI. Name the component of business environment.

Q      ‘Alcohol beverages are prohibited to be advertised on media’.

Q      The government restricted the use of LPG cylinders to only nine per family per year

Q      ‘Demand for reservation in jobs for minorities.

Q      Male CEOs are most preferred for all type of organization.

Q      Removal of mobile towers from residential area is being planned by the government to promote which value?

Q      The policy of liberalisation, privatisation and globalisation of the government has made a significant impact on the working of enterprises in business and industry. The Indian corporate sector has come face-to-face with several challenges due to government policy changes.