Classical

Business Environment - Business Environment Multiple Choice Questions

36:  

The characteristics of the global company is 

A.

it is a conglomerate of multiple units but all linked by common ownership

B.

multiple units drawn on a common pool of resources such as Money, credit, information, patents, trade names.

C.

the units respond to some common strategy

D.

All of the above

 
 

Option: D

Explanation :


37:  

The process whereby activities or enterprises that were once performed or operated by the government and its employess are now performed , managed or owned by private business and individuals, is known as

A.

Privatisation

B.

Localisation

C.

Globalisation

D.

None of these

 
 

Option: A

Explanation :


38:  

The new economic policy has components -

A.

liberalisation

B.

privatisation

C.

globalisation

D.

all of the above

 
 

Option: D

Explanation :


39:  

A stable and dynamic political environment is indispensable for 

A.

business growth

B.

enhance the export

C.

Both (A) and (B)

D.

None of these

 
 

Option: A

Explanation :


40:  

A mixed economy is necessarily a --------- economy.

A.

controlled

B.

planned

C.

organised

D.

none of the above

 
 

Option: B

Explanation :




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