Business Environment - Business Environment Objective Type Questions

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16:  

----------- is concerned with all current expenditure of the Government on administration.

A.	Revenue expenditure
B.	Capital expenditure
C.	Total expenditure
D.	None of these
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

17:  

-------- is an economic system where the means of production are owned and managed by the State

A.	Capitalism
B.	Socialism
C.	Mixed economy
D.	Common economy
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

18:  

Which of the following is not a part of the economic environment of business?

A.	Competitive environment
B.	Economic System
C.	Changes in Patent Laws
D.	None of these
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

19:  

Which of the following is not an essential feature of social environment?

A.	Competitiveness
B.	Respect for the individual
C.	Better quality of Life
D.	Bailment
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

20:  

------- is concerned with the obligation and duties of business to the society.

A.	Social responsibility
B.	Status
C.	Authority
D.	None of these
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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