Category : 12 Grade

Business Environment Trivia Quiz For 12th Grade Students

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Business Environment refers to those external forces which are outside the business enterprise which may influence the working or operation of business enterprise. The business enterprise must be aware of the external forces and must be dynamic to adapt itself to the changing environment. The dimension of the business environment includes economic, social, political, legal, and technological aspects are examined properly for decision making for better results. So take this quiz and know more about the business environment.

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Questions & Options

1. Which one of the following is not a feature of the business environment?

135120 Uncertainty
135121 Interdependence
135122 Complexity
135123 Stability

2. The business environment is a large ____ as it is very difficult to predict future happenings.

135124 Uncertainty
135125 Relativity
135126 Dynamic
135127 Pervasive

3. Which one of the following is the objective of the business environment?

135128 Knowledge of information
135129 Basis of decision
135130 Survive in business
135131 All of the above

4. Which one of the following is not part of the internal environment?

135132 Financial factor
135133 Physical and Human resources
135134 Work environment
135135 Supplier

5. Economic environment includes ______.

135136 Per capita income
135137 Exchange rate
135138 Labour cost
135139 All of the above

6. Which one of the following is the part of the macro-environment?

135140 Economic environment
135141 Consumer
135142 Supplier
135143 None of the above

7. _________ is significance of business environment.

135144 Early warning signal
135145 Dynamic
135146 Complex
135147 Interdependent

8. _______ is the nature of the business environment that suggests that the environment keeps changing.

135148 Multidimensional
135149 Complex
135150 Dynamic
135151 Pervasive

9. liberalization means _____.

135152 Policy of planned disinvestment
135153 Integrating among economies
135154 End of license and reduction of government
135155 All of the above

10. Which of the following is a feature business environment?

135156 Dynamic
135157 Complexity
135158 Relativity
135159 All of the above

11. Which of the following is not a part of specific forces of the business environment?

135160 Customers
135161 Technological conditions
135162 Employees
135163 Investors

12. Which one of the following is the impact of government policy changes on the business environment and industries?

135164 Increase in agriculture productivity
135165 Increase in product prices
135166 Increase in competition
135167 Increase in urbanization
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