Business Environment

221. ______________ means joining with foreign companies to produce or market the products or services.

  1. Direct investment.
  2. Joint venture.
  3. Franchising.
  4. None of the above.
Correct answer: (B)
Joint venture.

222. ______________ assuring the dignity of individual and unity and integrity of the nation.

  1. Fraternity.
  2. Equality.
  3. Certainty.
  4. Biosity.
Correct answer: (B)
Equality.

223. ______________ is defined as systematic assessment of the social impact of the activities of a business firm.

  1. Social audit.
  2. Social responsibility.
  3. Social interaction.
  4. Hatredness.
Correct answer: (A)
Social audit.

224. One concept of culture determines the _______________ of people.

  1. experience.
  2. ethics.
  3. education.
  4. wealth.
Correct answer: (B)
ethics.

225. ________________ % of economic growth of USA, UK, Germany have come from technical progress achieved in these countries.

  1. 60%.
  2. 70%.
  3. 50%.
  4. 55%.
Correct answer: (C)
50%.

226. The ________________ is an introduction to the constitution and contains its basic philosophy.

  1. preamble.
  2. society.
  3. process.
  4. none of the above.
Correct answer: (A)
preamble.

227. How many main characteristics does todays business have?

  1. six.
  2. four.
  3. ten.
  4. eight.
Correct answer: (D)
eight.

228. What are the significance of business environment?

  1. First mover advantage.
  2. Competition.
  3. Information.
  4. Globalization.
Correct answer: (A)
First mover advantage.

229. Internationalization of business is a mean of sustaining a strong domestic Base in term of technology, product, market and capital over a _______________ period

  1. shorter.
  2. longer.
  3. medium.
  4. low.
Correct answer: (B)
longer.

230. The main concepts concerning about business goals or objectives are ____________________.

  1. Mission, objectives.
  2. Mission, targets.
  3. Mission, objectives, target.
  4. Target, objectives.
Correct answer: (C)
Mission, objectives, target.
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