Which one of the following is not a component of the external environment Mcq?

M First Semester

MC1C

Multiple Choice Questions

The term business environment refers to ........ factors which impact functioning of a firm a) External factors c) Internal factors b) Management related factors d) Internal and External factors
Inhaltsverzeichnis Show
........ generally considered as controllable factors. a) Internal factors c) External factors b) Cost of production d) None of these
Factors which are beyond the control of a business are called..... a) Supply c) Demand b) Profit d) External factors
Marketing intermediariesare categorized under....... Environment. a) External c) Macro b) Micro d) Remote
Value system followed by the management of a firm as certain influence on its....... environment. a) Internal c) External b) Macro d) None of the above
Which among the following is part of micro environment? a) Customers c) Suppliers b) Competitors d) All the above
Macro environment consist of..... a) Political system c) Demographic factors b) Culture of the society d) All the above c)
Entry barriers include......... a) Capital requirements c) Monopoly b) Requirement of investment d) All the above
Low income economies are also called............ a) Third world c) Under developed nations b) Developing nations d) Second world 10....... contributes more than 70% of world GDP a) Agriculture c) Service b) Automobile d) Manufacturing
The analysis which helps to diagnose the competitive forces and to identify the strength and weakness is called..... a) SWOT analysis c) Competitive analysis b) Structural analysis d) Financial analysis
A mission statement explains ..................... of a firm. a) Philosophy c) Scope b) Tasks d) All the above 13 of a firm is shaped by..................... a) Mission c) Objectives b) SWOT d) All the above 14....... process by which a firm determine whether their strategic choice asimplemented in meeting the objectives. a) Evaluation of strategies c) SWOT analysis b) Screening of strategies d) None of these
Generation of electricity includes in which sector? a) Industry c) Tertiary b) Primary d) Service
Commodities are the goods producedby ...... sector a) Primary c) Secondary b) Tertiary d) None of these

25.................. is a part of economic policy of a country a) Industrial policy c) Import policy b) Export policy d) All the above 26. Approaches of a government towards public expenditure and revenue are known as......... a) Budgets c) Monetary policy b) Fiscal policy d) Industrial policy 27 policy in India is framed by the..... a) RBI c) Ministry of finance b) Ministry of corporate affairs d) Planning commission 28. Which of the following is part of monetary policy decision? a) Fixing SLR c) Fixing CRR b) Demonetization d) All the above 29 stands for........ a) Single owned enterprises c) State owned enterprises b) Society owned enterprises d)None of these 30. ICSR stands for...... a) Indian Council for Scientific Research c) Indian Council for Strategic Research b) Indian Council for Social Research d) None of these 31 stands for............. a) United Nations Committee on Trade and Development b) United Nations Conference on Trade and Development c) Union of National Committee on Trade and Commerce d) None of the Above 32........... refers to the system of moral principles and rules of conduct applied to the business. a) Values of Business C) Business ethics b) Social responsibility d) Ethical code of conduct 33 in accepting modern culture is termed as................ a) Cultural delay c) Cultural diversity b) Cultural gap d) Cultural lag

Which among the following is a claimant of social responsibility of business a) Shareholders c) Local community b) Consumers d) All the above 35.................. is a tool for evaluating how satisfactory a company has discharged its social responsibilities. a) Social Audit c) Company audit b) Internal check d) Internal audit 36 stands for.............. a) Company Social Reforms Committee b) Corporate Social Responsibility Committee c) Committee for Social Responsibility Commitments d) None of these 37......... is an organized movement to protect rights and powers of buyers in relation to sellers. a) Consumerism c) Consumer protection Act b) MRTP Act d) Consumer courts 38 protection Act ieas enacted in the year..... a) 1989 c) 1986 b) 1985 d) 1981 39 Commission for consumer disputes redressal was formed in the year...... a) 1988 c) 1999 b) 2009 d) 1991 40 Act is enacted in the year..... a) 1991 c) 1999 b) 1990 d) 41 Act in India is administered by the................... a) Ministry of corporate affairs c) Ministry of Finance b) Company law board d) SEBI
Expand MSME a) Medium , Small and Micro Enterprises b) Micro, Small and Medium Enterprises c) Minimum, Small and Medium Enterprises d) None of these 52 means....... a) Development of supporting industries b) Setting industries to process by products c) Integration of small scale and large industries d) Developing industries to provide inputs 53 Act has been replaced by....... Act in 2002 a) Consumer Protection Act c) Competition Act b) Monopoly Control Act d) None of these 54 suasion is ........ nature of credit control a) Qualitative c) Quantitative b) Restrictive d) None of these 55 India finance commission is constituted in every......... a) Year c) Two years b) Fifth Year d) Ten years 56 Securities Contract Regulation Act was enacted in the year... a) 1949 c) 1959 b) 1956 d) 1991 57 was constituted in the year........ a) 1998 c) 1988 b) 2008 d) 2018
SEBI got statutory body status after enacting ................. a) Securities and Exchange Board of India Act 1992 b) Securities and Exchange board of India Act 1988 c) Securities Contract Regulation Act 1956 d) None of these

59 was founded in .... a) 1959 c) 1969 b) 1919 d) 1949 60 is headquartered at.... a) Geneva c) New york b) London d) New Delhi 61. Which among the following is limitation of Trade Union in India a) Multiplicity of unions c) Outside leadership b) Lack of integrity d) All the above 62 stands for...... a) National Defense Council c) National Development Council b) National Development Committee d) None of these 63. Which one is not the main objective of fiscal policy of India? a) To increases liquidity in the economy c) To minimize inequalities of income b) To promote price stability d) To promote employment opportunity 64. Which of the following denote the structural changes in Indian economy? a) Service sector contribution has gone up. c) Secondary sector has not changed much b) Primary sector contribution has gone down d) All the above 65. Which one is not an element of legal environment? a) Act of Parliamentarians in Lok Sabha c) Indian Contract Act, 1972 b) Indian Partnership Act 1932 d) Negotiable Instruments Act 19881 66 Enterprise is defined as..... a) An organization run by joint efforts of Centre and State Governments. b) An organization which caters to the needs relating to public utilities. c) An organization in which capital is invested by public. d) An organization owned and managed by public 67. The fundamental set of assumptions, values, and ways of doing things, that has been accepted by most of a companys members is called its a) Culture c) Environment b) Atmosphere d) Values

Who is the Chairperson of NITI Aayog?

a) President c) Finance Minister b) A senior IAS Officer d) Prime Minister

Who represents a State in NITI Aayog Governing council?

a) State Finance minister c) Chief Minister b) Governor d) Chief Secretary

Who represents a State in NITIsRegional council?

a) State Finance minister c) Governor b) Chief Minister d) Chief Secretary

79 Aayog is headquartered in .....

a) Delhi c) Noida b) Chennai d) Kolkata

Planning Commission of India is dissolved on...

a) 1stJanuary 2015 c) 17thAugust 2014 b) 1stApril 2014 d) 15thAugust 2014 81. Who was the predecessor of WTO? a) GATT c) GAAT b) ITO d) UNCTAD 82. GATT was transformed into a WTO with effect from ....... a) April 2000 c) March 1991 b) January 1995 d) April 1995 83. GATT was formed to fill up the gap of...... charter. a) ITO c) WTO b) IMF d) IBRD

MFA stands for ......

a) Multilateral Finance Agreement c) Multifibre Arrangement b) Multilateral Federation of Agriculture d) None of these

Multilateral trade negotiation under GAAT is called.....

a) Rounds c) Conference b) Council d) Discussion

WTO isheadquartered in ......

a) Paris c) Colombo b) Geneva d) Washington DC

NTB stands for.....

a) Non- trade barriers c) Non- tariff barriers b) No trade between d) None of these

IMF was established in ......

a) 1950 c) 1947 b) 1948 d) 1946 89. Expand TRIPs a) Trade relates aspects of investment property b) Trade related aspects of intellectual property right c) Tariff related aspects of international property rights d) None of the above

ASEAN stand for......

a) Association of South East Asian Nations b) Association of South East African Nations c) Association of South East American Nations d) None of these

98 is headquartered in ..... a) Dhaka c) Delhi b) Colombo d) Kathmandu 99. How many Members are there in BRICS a) 4 c) 6 b) 2 d) 5 1 00. BRICS was established in..... a) 2005 c) 2006 b) 2010 d) 2012

Answer Key :

1 2 3 4 5 6 7 8d. 9 10 11 12 13 14 15 16

17 18 19 20 21 22 23 24 25 26b.27.a28 29 30 31

32 33 34 35 36 37 38 39 40 41 42 43d. 44 45

46 47 48 49 50 51 52 53 54 55 56 57 58 59

60 61 62 63 64 65 66 67 68 69 70 71 72 73

74 75 76d. 77 78 79 80 81 82 83 84 85a. 86 87.

c88 89 90 91 92 93 94 95 96 97 98 99 100

Prepared by:-

Muhammed Salim.K

Assistant Professor

PG and Research Department of Commerce

Govt. College Madappally

Which of the following is a not a component of external environment?

Manufacturing is NOT an external factor since manufacturing is referred as an internal factor as it belongs within the complete control of the organization.

Which of the following is not an external environment Mcq?

This is Expert Verified Answer Change in government policies, customers' preferences, or improvement in technology are some examples. However, an organization's policies are created internally by the owners of the business and so, do not form a part of the external environment.

Which of the following is not the component of external analysis?

Marketing budget is not part of the external analysis. An external analysis focuses on the external environment and how it affects the business. An analysis helps a business identify the threats and external opportunities in the market.