MCQs for Class 12 Business Studies Chapter 3 Business Environment with answer

MCQs for Class 12 Business Studies Chapter 3 : Class 12 BSt MCQs for Business Studies Chapter 3 “Business Environment” with Answers PDF Free Download is very important for students. CBSE Class 12 Business Studies Multiple Choice Questions with Answers to improve your score in Board Exams. Class 12 BSt All chapter MCQs

MCQs for Class 12 Business Studies Chapter 3 Business Environment with answer

MCQs for Class 12 Business Studies Chapter 3 Business Environment with Answer PDF | Class 12 BSt All chapter MCQs

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

(a) Uncertainty
(b) Interdependence
(c) Complexity
(d) Stability

(d) Stability


Q.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

(a) Public debt


Q.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.

(c) formulation of strategies.


Q.4 Globalisation means

(a) reduced role of public sector
(b) integration of economies
(c) lowering interest rates
(d) control of inflation

(b) integration of economies


Q.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

(c) Increase in competition


Q.6 _ nature of business environment suggests that environment keeps on changing.

(a) Dynamic
(b) Pervasive
(c) Continuous
(d) Multidimensional

(a) Dynamic


Q.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)

(c) Globalisation


Q.8 _ feature of business environment states that various factors of business environment affect each other.

(a) Pervasive
(b) Continuous
(c) Dynamic
(d) Interrelatedness

(d) Interrelatedness


Q.9 Legal rules and regulations relevant to business are included in _ environment of business.

(a) Legal
(b) Political
(c) Economic
(d) Technological

(a) Legal


Q.10 A business has to offer wider choice in purchasing enhanced quality of goods and services in order to maintain an edge over its competitors. The implementation of the new economic policy with liberalisation, privatisation and globalisation has posed various challenges for the corporate sector. One of the important challenges is explained in the above lines. Identify it.

(a) Increasing competition
(b) More demanding customers
(c) Necessity for change
(d) Market orientation

(a) Increasing competition


Q.11 On 8th November 2016, with the announcement from Government of India, all the ₹500 and ₹1,000 banknotes of the Mahatma Gandhi series have ceased to be a legal tender. The givemment also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes. Identify the concept being described in the above lines.

(a) Globalisation
(b) Liberalisation
(c) Demonetisation
(d) Privatisation

(c) Demonetisation


Q.12 The Government of India launched “Make in India” initiative in September, 2014 to increase foreign direct investment (FDI) in 25 sectors. As of April, 2015, FDI inflow in India increased by 48% since the launch of “Make in India” initiative.
Identify the concept being described in the above lines, with regard to inflow of FDI.

(a) Demonetisation
(b) Privatisation
(c) Liberalisation
(d) Globalisation

(c) Liberalisation


Q.13 According to a report by the India Staffing Federation (ISF), India has emerged as the
fifth largest market worldwide in flexi-staffing in 2018 and the country would have 6.1 million flexi-workforce by 2021. It showed that Haryana, Gujarat, Karnataka, Madhya Pradesh and Telangana are the states with high growth potential for flexi- staffing but Andhra Pradesh tops the list of states with favourable business environment. Identify the feature of business environment being discussed above,

(a) Relativity
(b) Dynamic nature
(c) Uncertainty
(d) Interrelatedness

(a) Relativity


Q.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

(d) None of the above


Q.15 Which of the following is not a component of specific forces of business environment?

(a) Technological conditions
(b) Customers
(c) Employees
(d) Investors

(a) Technological conditions


Q.16 The growing awareness about healthcare has led to an increase in the demand for healthcare products and services in the country. Identify the feature of business environment being described in the above case.

(a) Dynamic nature
(b) Uncertainty
(c) Relativity
(d) Interrelatedness

(d) Interrelatedness


Q.17 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

(c) Interrelatedness


Q.18 ‘Twinkle Stars’ is a well-known resort for organising parties, especially for children. However, in past 6 months its popularity has reduced considerably as a new resort with better ambience and facilities has opened within its vicinity. Name the related feature of business environment which has influenced the business of ‘Twinkle Stars’ adversely.

(a) Totality of external forces
(b) Dynamic nature
(c) Interrelatedness
(d) Uncertainty

(b) Dynamic nature


Q.19 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

(c) Uncertainty


Q.20 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 licences & 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

(b) Technological dimension

MCQs for Class 12 Business Studies Chapter Wise with Answer PDF | Class 12 BSt All chapter MCQs

MCQs for Class 12 Business Studies : NCERT CBSE RBSE and Other State Board Business Studies MCQ Questions for Class 12 with Answers is one of the best ways to prepare for the CBSE Class 12 board exam. Class 12 BSt All chapter MCQs

Chapter 1 Nature and Significance of Management MCQ Questions
Chapter 2 Principles of Management MCQ Questions
Chapter 3 Business Environment MCQ Questions
Chapter 4 Planning MCQ Questions
Chapter 5 Organising MCQ Questions
Chapter 6 Staffing MCQ Questions
Chapter 7 Directing MCQ Questions
Chapter 8 Controlling MCQ Questions
Chapter 9 Financial Management MCQ Questions
Chapter 10 Financial Market MCQ Questions
Chapter 11 Marketing MCQ Questions MCQ Questions
Chapter 12 Consumer Protection MCQ Questions