Classical

Business Environment - Business Environment Objective Type Questions

21:  

-------- consists of economic conditions, economic policies , industrial policies and economic system.

A.

Business Environment

B.

Economic Environment

C.

Natural environment

D.

None of the above

 
 

Option: B

Explanation :


22:  

External environment of business is 

A.

Physical

B.

Demographical

C.

Economic

D.

All of these

 
 

Option: D

Explanation :


23:  

The low income economies are sometimes referred to as -

A.

First World

B.

Second World

C.

Third world

D.

None of these

 
 

Option: C

Explanation :


24:  

The economic environment of a business includes 

A.

Economic system

B.

Economic policies

C.

Economic conditions

D.

All of these

 
 

Option: D

Explanation :


25:  

An analysis of the external environment enables a firm to identify -

A.

Strengths and opportunities

B.

Strength and weakness

C.

Weakness and threats

D.

Opportunities and threats

 
 

Option: D

Explanation :




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