1. ______________ is a statement which derives the role that an organization plays in a society.
a) Goals.
b) Mission.
c) Objective.
d) Success.
2. ______________ stresses the philosophy of individualism believing in private ownership of all agents
of production.
a) Socialism.
b) Communism.
c) Capitalism.
d) Nanoism.
3. What is the main occupation of Kshatriyas?
a) Engaged in cleaning.
b) Engaged in trade.
c) Engaged in army work.
d) Engaged in ruling
4. Reserve Bank of India introduced certificates of deposit in ______________.
a) 1964.
b) 1989.
c) 1986.
d) 1990.
5. Ackerman s model is _______________ model
a) social responsibility.
b) computer.
c) employee.
d) science
6. Obsolescence means ________________ of products.
a) implementation.
b) outdated.
c) assessment.
d) none of the above.
7. The _______________ diversification refers to the process of adding new, but related products or serices.
a) concentric.
b) judiciary.
c) justice.
d) culture.
8. ______________ is a primary mechanism for motivating business activities.
a) Social relationship.
b) Profit.
c) Customers.
d) Assets.
9. The ________________ is that part of the enacted environment which the organisation carves out for itself.
a) Technology.
b) Machine.
c) domain.
d) man.
10. Competition is beneficial to the competing firms besides benefiting the ______________.
a) producers.
b) intermediaries.
c) finances.
d) consumers.