Business Environment Questions and Answers Part-9

1. Profit making is the _______________ goal of any business enterprise?
a) primary.
b) secondary.
c) fixed.
d) non fixed.

Answer: a

2. Macro environment consist of ______________ environment.
a) public.
b) political and legal.
c) suppliers.
d) customers.

Answer: b

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.

Answer: d

4. Is a stable and dynamic political environment is indispensable for _______________ growth?
a) business.
b) human.
c) child.
d) politics.

Answer: a

5. The entry barrier refers to the ease with which firms can enter an industry?
a) Firms.
b) Vehicles.
c) People.
d) Workers.

Answer: a

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.

Answer: c

7. Marxism ________________ was followed in Russia and China.
a) contact.
b) principles.
c) food.
d) customs.

Answer: b

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.

Answer: a

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.

Answer: a

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.

Answer: a