Business Environment

201. The second five year plan was given during ______________.

1. 1956.
2. 1957.
3. 1958.
4. 1959.

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202. On may 14, _______________ the ministry of state for company affairs introduced in the parliament.

1. 1991.
2. 1992.
3. 1993.
4. 1994.

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203. ______________ refers to the intensity of competition among firms.

1. Intensity of rivalry.
2. Competitiveness.
3. Absolute competition.
4. Non competence.

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204. _______________ are also referred to as neighbourhood or spillover effects.

1. Internalities.
2. Externalities.
3. Naturalities.
4. Prosperities.

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205. _______________ is also called government which implements whatever is decided by the parliament.

1. Legislature.
2. Executive.
3. Judiciary.
4. None of the above.

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206. Social and cultural environment comes under ________________ environment.

1. micro.
2. macro.
3. semi micro.
4. de micro.

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207. _________________ occurs when one company grants a licence to a company in another country.

1. Licencing.
2. Medium grants.
3. Short span.
4. Fine.

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208. Every economy totally free from government role?

1. Government.
2. Private.
3. Small.
4. Big.

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209. What does the term bigness mean in business?

1. Mass production.
2. Mass marketing.
3. Mass production and mass marketing.
4. . Low sales.

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210. Adding new, unrelated products or services for present customers is called horizontal ________________.

1. diversification.
2. Loss.
3. verification.
4. love.

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