1. Profit making is the _______________ goal of any business enterprise?
a) primary.
b) secondary.
c) fixed.
d) non fixed.
2. Macro environment consist of ______________ environment.
a) public.
b) political and legal.
c) suppliers.
d) customers.
3. A ________________ contract is where the company contracts with a foreign entity to design and
build an entire operation.
a) Legislature.
b) Executive.
c) Judiciary.
d) Turnkey.
4. Is a stable and dynamic political environment is indispensable for _______________ growth?
a) business.
b) human.
c) child.
d) politics.
5. The entry barrier refers to the ease with which firms can enter an industry?
a) Firms.
b) Vehicles.
c) People.
d) Workers.
6. ______________ refers to the managers exposure and perception of information that has no specific
purpose.
a) Informal research.
b) Formal research.
c) Indirect viewing.
d) Conditioned viewing.
7. Marxism ________________ was followed in Russia and China.
a) contact.
b) principles.
c) food.
d) customs.
8. One of the long term objectives of the five year plan is ______________ of wealth and income.
a) inequalities.
b) equality.
c) freeness.
d) permission.
9. One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up.
a) industrialization.
b) liberalization.
c) protestation.
d) germination.
10. The legislative frame work for industrial licensing is provided by the ______________ development
and Regulation act.
a) industries.
b) small scale.
c) labor.
d) owner.