Classical

Business Environment - Business Environment Objective Type Questions

31:  

To determine a country's attractiveness to business require

A.

A detailed analysis of elements in the macro environment

B.

An assessment of the political and financial risks of doing business in that country

C.

An analysis of the competitive environment

D.

All of the above

 
 

Option: D

Explanation :


32:  

An environment which is increasingly complex and turbulent, displays

A.

More orderly competition

B.

More predictable demand

C.

A reduced risk of product obsolescence

D.

Increased speed of innovation

 
 

Option: D

Explanation :


33:  

----- refers to an external forces that have a beating on the functioning of the business.

A.

Environment

B.

Culture

C.

System

D.

None of these

 
 

Option: A

Explanation :


34:  

Which of the following is not a business opportunity generated by Globalisation ?

A.

Access to low cost labour

B.

Cheap International Transport

C.

Currency Crisis

D.

Less stringent regulations of the Business Environment

 
 

Option: C

Explanation :


35:  

The sale of sub-standard and hazardous goods under defined conditions constitute

A.

Restrictive Trade Practice

B.

Unfair Trade Practice

C.

MRTP

D.

None of these

 
 

Option: A

Explanation :




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