Commerceatease

Login

Business Environment Question Bank

By /

Business Environment Question Bank

MCQs from CBSE Question Papers

Question:

Due to increasing presence of women in the workforce, ‘Kisan Mart' comes out every Friday with big discount offers on daily use items to attract office-going women to shop on weekends. Which dimension of business environment is being highlighted in the above case?

  1. *Social environment
  2. Legal environment
  3. Political environment
  4. Technological environment

 

Question:

Raunaq, while studying at the university, felt that there should be a food joint in the university campus to provide food to students round the clock After passing out of college, he set up 'Hunger Point', a food joint with a varied menu ranging from burgers, pizzas, street food and much more, in the university campus. For this, he obtained necessary permissions from the university administration. Since he was the first one to recognize the need for a food joint for all the students in an environment where students study day and night, it soon became a popular eating joint. Within six months, 'Hunger Point' started earning good profits. Identify the point of importance of business environment discussed in the above case:

  1. *It enables the firm to identify opportunities and get the first mover advantage.
  2. It helps the firm to identify threats and early warning signals.
  3. It helps in assisting in planning and policy formulation.
  4. It helps in improving performance.

 

Question:

Choose the incorrect statement with respect to demonetization:

  1. *The two largest denomination notes of ₹ 500 and ₹ 1000 were demonetized with immediate effect, ceasing to be legal tender except for buying properties.
  2. The aim of this step was to curb corruption and accumulation of black money.
  3. It led to the tax administration channelizing savings into the formal financial system.
  4. Restrictions were placed on the convertibility of domestic money and bank deposits.

 

Question:

Techpack Ltd. is a company in Hyderabad that produces and sells packaging material to various industries across the nation in a B2B e-business form. It is a dynamic company. Over the years, due to rising concerns for climate change and shift of preferences of Indian customers towards environment-friendly products, the company has shifted to the production of biodegradable packaging material. Moreover, due to its digital transformation, the company has tremendously benefited as its customers could place orders and make cashless payments in various online modes. The dimensions of business environment discussed in the above case are:

  1. Economic and social environments
  2. *Social and technological environments
  3. Technological and economic environments
  4. Social and political environments

 

Question:

Out of the following, which is/are the component(s) of the social environment.
1) Rate of inflation has increased by 2% leading to a higher total cost for business enterprises.
2)Various specialty health food and grocery shops have opened in an area where fitness and health enthusiasts live.
3) Life expectancy rate in India has improved over the past 20 years due to adequate health facilities and infrastructure.
4) A company in its human resource manual discloses a zero tolerance policy for racial discrimination and discriminatory practices
against employees with disability.
5) The Advertising Standards Council of India prohibits the advertisement that promotes products or services that are banned by
law.
Choose the correct option:
1. only 2
2. 1,2,3
3. *2,3,4
4. 2,4,5

 

MCQs to Revise Business Studies Class 12

Dimensions of Business Environment

Business Environment – Keywords and Brief Notes

 

 

Pages: 1 2 3 4