You will find here, Chapter Wise NCERT Class 12 Business Studies MCQ Questions of Business Environment with Answers Free based on the important concepts and topics given in the textbooks. Class 12 Business Studies MCQ Questions with Answers provided here with detailed solutions so that you can easily understand the logic behind each answer.
We have provided Business Environment Class 12 Business Studies Multiple Choice Questions with Answers to help students understand the concept very well. Students who can Practice CBSE Class 12 Business Studies Objective type Questions with Answers they score high in Board Exams.
1. Which one of the following is not a feature of business environment?
(a) Uncertainty
(b) Interdependence
(c) Complexity
(d) Continuous
2. Which one of the following is a part of economic environment?
(a) Public debt
(b) Lifestyle of people
(c) Technological changes
(d) Level of education
3. Proper understanding of business environment is not a prerequisite for
(a) tapping of useful resources
(b) identification of opportunities and threats
(c) formulation of strategies
(d) better coordination of employee efforts
4. Globalisation means
(a) reduced role of public sector
(b) integration of economies
(c) lowering interest rates
(d) control of inflation
5. Which one of the following is the impact of Government policy changes on business and industry?
(a) Increase in agricultural productivity
(b) Increase in product prices
(c) Increase in competition
(d) Increase in urbanisation
6. ............nature of business environment suggests that environment keeps on changing.
(a) Dynamic
(b) Pervasive
(c) Continuous
(d) Multidimensional
7. ......is the integration of world economy into a single market through removal of trade barriers between countries.
(a) Privatisation
(b) Liberalisation
(c) Globalisation
(d) Both(a) and (b)
8.. ..............feature of business environment states that various factors of business environment affect each other.
(a) Pervasive
(b) Continuous
(c) Dynamic
(d) Interrelatedness
9. Legal rules and regulations relevant to business are included in ___ environment of business.
(a) Legal
(b) Political
(c) Economic
(d) Technological
10. Electric vehicles with zero tail pipe emission are emerging as a good alternative to ‘ problems like climate change, surging pollution leading to ill health, crude import bill and energy security. Identify the related dimensions of business environment.
(a) Economic dimension, Legal dimension and Social dimension
(b) Social dimension, Political dimension and Economic dimension
(c) Economic dimension, Technological dimension and Social dimension
(d) Social dimension, Political dimension and Legal dimension
11. In order to boost and double India’s export of goods and services to over USD 1,000 billion by 2025, it is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.
(a) Social dimension and Legal dimension
(b) Technological dimension and Political dimension
(c) Political dimension and Social dimension
(d) Economic dimension and Legal dimension
12. DigiLocker is the country’s first secured cloud-based platform for the storage, issuance and verification of documents with the Driving Licence & Vehicle Registration System of the Road Transport Ministry. The integration of a government department with DigiLocker since its launch last year is one of the biggest of its kind. It will spare 1 people the trouble of carrying license or vehicle papers, which can be accessed on phones using the DigiLocker app. Identify the related dimension of business environment.
(a) Ecoriomic dimension
(b) Technological dimension
(c) Social dimension
(d) Political dimension
13. Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is —
(a) Totality of external forces
(b) Dynamic nature
(c) Interrelatedness
(d) Relativity
14. Which of the following is not a part of the business environment of business?
(a) Customers
(b) Suppliers
(c) Competitors
(d) None of the above
15. Which of the following is not a component of specific forces of business environment
(a) Technological conditions
(b) Customers
(c) Employees
(d) Investors
16. Any kind of external devices, like compact discs (CD’s) for computer, have become obsolete. Google, with its Google Drive service, Apple with its iCloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.
(a) Relativity
(b) Dynamic nature
(c) Uncertainty
(d) Interrelatedness
17. Liberalisation means
(a) Integration among economies
(b) Reduced government controls and restrictions
(c) Policy of planned disinvestments
(d) None of them
18. Which of the following creates fear in the minds of investors?
(a) Political uncertainty
(b) New innovations
(c) None of these
(d) Technological improvements
19. Which of the following is an example of social environment?
(a) Money supply in the economy
(b) Consumer protection act
(c) The constitution of the country
(d) Composition of family
20. The entry of the multinational companies in large numbers in the Indian market has created .
(a) Huge Demand
(b) Huge Supply
(c) Tough Competition
(d) Huge Demand and Supply
21.The income and expenditure policy of the government is called.
(a) Fiscal Policy
(b) Industrial Policy
(c) Trade Policy
(d) Monetary Reforms
22. When a company taken over another one and clearly becomes the new owner, the action is called
(a) Merger
(b) Acquisition
(c) Strategic Alliance
(d) None of the above
23. Which factor is not included in Internal Environment?
(a) Objective
(b) Policies
(c) customers
(d) Production-Method
24. Which of the following does not characterize the business environment?
(a) Complexity
(b) Relativity
(c) Employees
(d) Uncertainty
25. Price control means that the companies will sell goods on the ________ price.
(a) Government
(b) Market
(c) Printed
(d) Voluntary