Question types

Business Environment question types

69 questions across 7 question groups — pick any mix to generate a Business Studies paper with step-by-step answer keys.

69
Questions
7
Question groups
5
Question types
Sample Questions

Business Environment questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Business environment includes
  • A
    Surroundings of Business
  • Forces, Factors, Institutions which directly or indirectly effect business
  • C
    Customers and Employees
  • D
    None of the above

Answer: B.

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The importance of business environment which helps to know in advance forthcoming constraints and threats of business is
  • A
    Helpful in getting first mover advantage
  • B
    Early warning signals
  • C
    Assist in planning and policy making
  • All of the above

Answer: D.

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Q 123 Marks Question3 Marks
Mr. Ajay after completing MBA from USA comes to India to start a new business under the banner Ecom Creations Ltd. He launches a new product in e-learning for Senior Secondary School students in Commerce stream, which already has an established market in UK and USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also.Identify and quote the lines from above para which highlight the significance of understanding business environment.
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Q 174 Marks Question4 Marks
The people of some regions translated the slogan of "Come Alive" used by Pepsi company as "Come out of the grave." As a result company lost its market share rather than picking up. This is the effect of which environment and how does this dimension of environment affect the business?
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Q 186 Marks Question6 Marks
"A good understanding of environment by business managers enables them not only to identify and evaluate but also to react to the forces external to their firm."In the light of the above statement explain any four points of importance of understanding business environment by a manager.
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Q 28True/False1 Mark
After New Economic Policy, brand building, goodwill and image of company as become an important element for promotion of a company.
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