BUSINESS ENVIRONMENT MULTIPLE CHOICE QUESTIONS 1 Creating a website and selling online is related to a Social Environment b Economic Environment c Political Environment d Technological 2 Attitude of customers towards innovation lifestyle etc Is Answer Technological part of a Technological Environment b Social Environment c Political Environment d Legal Environment Answer Social Environment 3 Change in Sensex and Nifty during election is part of a Political Environment b Social Environment c Legal Environment d Economic Environment 4 Shift of youth in India towards packed food online buying Answer Political Environment is part of a Social Environment b Political Environment c Technological Environment d Legal Environment Answer Social Environment 5 Through environmental scanning business firms can enjoy a First mover advantages b Competition c Tapping useful resources d Benefit of Tax Answer First mover advantages 17 Face book Twitter and WhatsApp is the result of a Political Environment b Economic Environment c Technological Environment d Social Environment Answer Technological Environment 6 Sudden announcement of demonetisation by our Prime Minister is an example of this feature of business environment a Specific and general forces b Relativity c Inter related d Uncertain Answer Uncertain 7 Business environment includes a Surroundings of Business b Customers and Employees c Forces Factors Institutions which directly or indirectly effect business d None of the above Answer Forces Factors Institutions which directly or indirectly effect business 8 The forces in Business Environment that effect all the business houses are known as a General b Specific c Particular d Influential Answer General 9 The conditions in Business Environment keep changing as it is a External Environment b Dynamic c Complex d None of the above Answer Dynamic 10 a Opportunities b Threats c Both a and b d None of the above Answer Both a and b The environment scanning helps to identify
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