Question : Which of the following does not characterise the business environment?
Option 1: Inter-related
Option 2: Market orientation and product
Option 3: External forces
Option 4: Relativity
Correct Answer: Market orientation and product
Solution :
Characteristics of the business environment are:
1. Totality of external forces
2. Specific and general forces
3. Interrelatedness
4. Uncertainty
5. Dynamic nature
6. Relativity
7. Complexity.
Question : The market where existing securities are bought and sold is known as ________
Option 1: Primary market
Option 2: Secondary market
Option 3: Capital market
Option 4: Financial market
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question : Which of the following is not a limitation of Controlling?
Option 1: Costly affair
Option 2: Resistance from employees
Option 3: Ensure order and discipline
Option 4: Little control on external factors
Question : Which of the following is an example of a legal environment?
Option 1: Death/Birth Ratio
Option 2: Trade Union Act
Option 3: Prevailing Political System
Option 4: Public Debt
Question :
Under which dimension of the business environment Online Booking of Air Tickets" included?
Option 1: Legal dimension
Option 2: Economic dimension
Option 3: Technical dimension
Option 4: Social dimension
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