Business Environment

231. _______________ refers to all forces which have an economic impact.

  1. Technological environment.
  2. Political environment.
  3. Economic environment.
  4. Social environment.
Correct answer: (C)
Economic environment.

232. ________________ to leisure varies from country to country.

  1. Altitude.
  2. Function.
  3. Motivation.
  4. Pain.
Correct answer: (A)
Altitude.

233. ______________ involves tracking environment trend, sequence of events (or) streams of activities

  1. Scanning.
  2. Monitoring.
  3. Forecasting.
  4. Assessing.
Correct answer: (B)
Monitoring.

234. Porters model represent the relationship between ______________.

  1. organizational and environment.
  2. society and environment.
  3. organization and society.
  4. society and industry.
Correct answer: (A)
organizational and environment.

235. Has the per capita income increased or decreased from 1980 to 2009?

  1. Increased.
  2. Decreased.
  3. Medium.
  4. Low.
Correct answer: (A)
Increased.

236. A license is a ______________ permission issued by the government to an industrial undertaking.

  1. oral.
  2. written.
  3. verbal.
  4. non verbal.
Correct answer: (B)
written.

237. GDP is growth domestic ______________.

  1. product.
  2. profit.
  3. peace.
  4. post.
Correct answer: (A)
product.

238. Actually sickness where units being closed for more than __________ months.

  1. 5.
  2. 6.
  3. 7.
  4. 12.
Correct answer: (B)
6.

239. Branches of international business do not include

  1. International trade
  2. Foreign direct investment
  3. Foreign portfolio investment
  4. Multinational business
Correct answer: (C)
Foreign portfolio investment

240. By having business in different countries, a firm reduces

  1. credit risk
  2. political risk
  3. financial risk
  4. business risk
Correct answer: (B)
political risk
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