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QUIZ- I (10 marks) DATE: 05-01-2021
1. Which one of the following is the best explanation of business environment?
a. External factors that affect a business
b. Laws and regulations that affect a business
c. Internal factors that affect a business
d. External and internal factors that affect a business
2. 1. If you are being subject to a new set of regulations, what type of factor is this and is it an external or internal factor?
a. Political and external
b. Economic and external
c. Political and internal
d. Social and external
3. What type of environmental factor is a high unemployment rate and is this an external or internal factor?
a. Microeconomic factor and internal
b. Microeconomic factor and external
c. Macroeconomic factor and internal
d. Macroeconomic factor and external
4. By which act government checks restrictive trade?
a. A.Industrial Policy Act 1991
b. MRTP Act
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c. FEMA act
d. None of these
5. When a company taken over another one and clearly becomes the new owner, the action is called
a. Merger
b. Acquisition
c. Strategic Alliance
d. None of the above
6. Relaxing the restrictions and controls imposed on Business and industry means
a. liberalisation
b. Privatisation
c. Globalisation
d. None of the above
7. What does the PPP or P3 initiative refer to ?
a. Public Policy Papers
b. Public Private Partnership
c. Private Procurement Production
d. Personal Production Proposal
8. Secondary screening involves
a. An external environmental analysis
b. Risk analysis
c. An external environment analysis and risk analysis
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d. A competitor analysis
9. Analysing process of change in the Business environment involves conceptualizing it as -
a. Diverse
b. Complex
c. Dynamic
d. Static
10.
---------- is the apex body of the economic planning in India
a. Planning Commission
b. Parliament
c. Supreme Court
d. None of these
Answers
Did you mean: Which one of the following is the best explanation of business environment? a. External factors that affect a business b. Laws and regulations that affect a business c. Internal factors that affect a business d. External and internal factors that affect a business 2. 1. If you are being subject to a new set of regulations, what type of factor is this and is it an external or internal factor? a. Political and external b. Economic and external c. Political and internal d. Social and external 3. What type of environmental factor is a high unemployment rate and is this an external or internal factor? a. Microeconomic factor and internal b. Macroeconomic factors and external c. Macroeconomic factor and internal d. Macroeconomic factor and external 4. By which act government checks restrictive trade? a. A.Industrial Policy Act 1991 b. MRTP Act 2 / 3 c. FEMA act d. None of these 5. When a company taken over another one and clearly becomes the new owner, the action is called a. Merger b. Acquisition c. Strategic Alliance d. None of the above 6. Relaxing the restrictions and controls imposed on Business and industry means a. liberalisation b. Privatisation c. Globalisation d. None of the above 7. What does the PPP or P3 initiative refer to ? a. Public Policy Papers b. Public Private Partnership c. Private Procurement Production d. Personal Production Proposal 8. Secondary screening involves a. An external environmental analysis b. Risk analysis c. An external en
Answer:
microeconomic factor and interna