2808 Business Environment 1 / 21 Profit is the only objective of all business firms (a) True (b) False (c) Partly True (d) Partly False 2 / 21 Modern business is ................. (a) Constant (b) Profitable (c) Dynamic (d) Stable 3 / 21 Features of business environment does not include: (a) Uncertainty (b) Relativity (c) Static Nature (d) Specific and General forces 4 / 21 Types of Business Environment includes the following: (a) Internal (b) External (c) Both (a) and (b) (d) None of the above 5 / 21 Internal business environment does not include: (a) Man (b) Money (c) Marketing Resources (d) Government Policies. 6 / 21 Environment factors which are within the control of business are known as: (a) Micro factors (b) Internal factors (c) Macro factors (d) External factors 7 / 21 ................. is a type of external environment. (a) Operating (b) General (c) Remote (d) All of the above. 8 / 21 Micro factors are the factors that are in the company’s immediate environment. (a) True (b) False (c) Partly True (d) None of the above 9 / 21 Micro environmental factors can be described as ................. close to a business that have a direct impact on its strategy. (a) External factors (b) Internal factors (c) Both (a) and (b) (d) Competitive factors 10 / 21 Macro environment is also known as : (a) Task environment (b) Remote environment (c) Global environment (d) Operating environment 11 / 21 ................. factors affects the economy as a whole and are not particular to any organization. (a) Micro (b) Macro (c) Internal (d) None of the above 12 / 21 Change in technology, economic conditions, political and legal factors are ................. factors. (a) Internal (b) External (c) Both (a) and (b) (d) None of the above 13 / 21 13. Which of the following is a type of economic system ? (a) Capitalistic economy (b) Socialistic economy (c) Mixed economy (d) All of the above 14 / 21 A Business has absolute control on the ................. . (a) Internal Environment (b) External Environment (c) Both (a) & (b) (d) None of these. 15 / 21 Micro and Macro Environment is the part of ................. . (a) Business Environment (b) Internal Environment (c) External Environment (d) Both (b) & (c). 16 / 21 Micro Environment is also known as (a) Operating Environment (b) Task Environment (c) Both (a) and (b) (d) Either (a) or (b). 17 / 21 Financial Factors, Human Resource, Marketing Resource and Miscellaneous Factors are________ Factors. (a) Micro (b) Macro (c) Internal (d) External 18 / 21 ................. means the flexibility and adaptability of law and other legal rule governing the business (a) Political Environment (b) Legal Environment (c) Technological Environment (d) Both (a) and (b). 19 / 21 Legislature, executive and the judiciary comes under the (a) Political Environment (b) Physical Environment (c) Legal Environment (d) Both (aland (c). 20 / 21 The matters relating to creating close linkages and letter communication with customers, suppliers and alliance partners given in a mission/ vision • Statement are (a) Internal to organization (b) External to organization (c) Both (a) and (b) (d) Neither (a) nor (b) 21 / 21 Which of the following is not covered by the organization's Internal Environment (a) Human Resource (b) R & D (c) Media (d) Management Structure Your score is LinkedIn Facebook Twitter VKontakte