Classical

Business Environment - Business Environment Multiple Choice Questions

46:  

The consumer encounters the

A.

Brand competition

B.

product form competition

C.

generic competition

D.

desire competition

 
 

Option: A

Explanation :


47:  

The basic objectives of the companies act are

A.

a minimum standard of good behaviour and business honesty in company promotion and management

B.

a ceiling on the share of profit payable to the managements as remuneration for the services rendered

C.

a check on their transactions where there was a possibility of conflict of duty and interest

D.

all of the above

 
 

Option: D

Explanation :


48:  

Those  who supply the inputs like raw materials and components to the company are called as

A.

suppliers

B.

customers

C.

consumers

D.

competitors

 
 

Option: A

Explanation :


49:  

The low income may be the reason for the very few demand of the product

A.

in a developing country

B.

in a developed country

C.

Both (A) and (B)

D.

None of these

 
 

Option: A

Explanation :


50:  

In the following , which internal factors influence the strategy and other decisions in the business

A.

Value System

B.

Mission and Objective

C.

Management structure and nature

D.

All of the above

 
 

Option: D

Explanation :




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