MBA/MBA Business Environment MCQ Set 7 Sample Test,Sample questions

Question:
A country in the stage of traditional society is characterized by.

1.existence of traditional rule

2.non- existence of industries

3.predominance of agriculture

4.complete absence of literacy


Question:
A firm investing in a foreign country to distribute the products there in creation of

1.Asset seeking FDI

2.Backward vertical FDI

3.Forward vertical FDI

4.Distribution FDI


Question:
A mixed economy is necessarily a _______

1.controlled

2.planned

3.organized

4.planned, organized and controlled


Question:
Among the factors that affect the balance of trade figures are

1.exchange rates, taxes, tariffs and trade measures

2.the business cycle at home or abroad

3.trade barriers and agreements

4.non tariff barriers


Question:
An ethical stance is the extent to which _____

1.An organisation meets the expectations of its stakeholders

2.An organisation will exceed its minimum obligations to stakeholders and society at large

3.An organisation meets regulatory requirements

4.An organisation respects the dominant religious beliefs of the country in which it operates


Question:
Business across several countries with some decentralization of management decision making to subsidiaries is

1.Global business

2.Multinational business

3.Transnational business

4.Multi-regional business


Question:
Free international trade maximizes world output through

1.Countries specializing in production of goods they are best suited for

2.Reduction in taxes

3.Increased factor income

4.Encouraging competition


Question:
Geographical indications specifies

1.Place of origin of goods

2.Special characteristics of the product associated with place of origin

3.Place and special characters of the product

4.Place or special characters of the product


Question:
In the PEST framework for environmental analysis what does the letter E stands for

1.Ethical

2.Ecological

3.Educational

4.Economic


Question:
Income and population are two variables that can be used

1.demographic segmentation

2.Behavioural segmentation

3.Lifestyle segmentation

4.Psychographic segmentation


Question:
Lower power distance countries are characterized by

1.relationships based on equality and informality

2.authority being accepted without question

3.managers being paternalistic

4.tall organizations structure


Question:
Macro environment consists of ________

1.suppliers

2.competitors

3.marketing

4.distributors


Question:
Market segmentation aims to

1.Identify the similarities and differences between groups of customers or users

2.Identify the similarities between groups of customers or users

3.Identify the differences between organisations and their competitors

4.Identify the needs and wants of all customers or users


Question:
No new investment in the host country is created in the case of

1.Greenfield FDI

2.Acquisition

3.Horizontal FDI

4.Vertical FDI


Question:
Non- verbal communication

1.includes written communication

2.has no place in international business

3.includes body language

4.should be learnt by business managers to communicate with foreigners


Question:
Product liability law relate to

1.Holding the manufacturer responsible for the damages caused to the genuine user of the product.

2.Liability of the customer for illegitimate use of the product

3.Liability of the seller for selling spurious goods

4.Holding the manufacturer for advertising the false information


Question:
Profit may be defined as

1.the difference between total wage costs and total sales revenue

2.total revenue from sales

3.the difference between total production costs and total sales revenue

4.the amount of money paid to shareholders as dividends


Question:
Social mobility is measured by

1.The extent to which an individual can move the strata to which he/she belongs

2.The promptness with which an individual accepts foreign assignments

3.The extent to which inter- caste marriage is encouraged by the society

4.The extent to which the society as a whole shifts its habitat


Question:
Terrorism in the host country is a ______

1.ownership risk

2.operating risk

3.transfer risk

4.general risk


Question:
The agreement in which a firm not only sells intangible property to an entity but also insist on the strict rules as to how it does business is ________

1.franchising

2.licensing

3.joint venture

4.strategic alliances


Question:
The Clean Water Act was passed in the year.

1.1960

2.1970

3.1980

4.1990


Question:
The cultural environment of a country is best defined by which characteristics?

1.Degree of nationalism and economic community membership

2.Production process and standards of measurement

3.Standard of living and stage of economic development

4.Values, attitudes, heroes, myths and symbols


Question:
The cultural frames of reference include _____

1.National; organisational field; competitors

2.National; organisational; organisational field and functional/divisional

3.Unions; organisational; industrial

4.Organisational; colleagues; organisational field


Question:
The entry mode that allow firms to export their process know- how to countries where FDI is prohibited, thereby enabling the firm earn greater return from this assets is ____

1.licensing

2.consultancy exports

3.project exports

4.turnkey projects


Question:
The focus on increasing profitability and profit growth by reaping the cost reduction that come from economies of scale is

1.global standardization strategy

2.localization strategy

3.transnational strategy

4.international strategy


Question:
The following benefit is not expected from globalisation

1.Reaping the benefits of free trade

2.Better quality of life through choice of product

3.Better knowledge through compulsory education

4.Dissemination of information through new information technology


Question:
The following is not a feature of globalisation

1.Similar strategies are adopted by a firm in all markets

2.Only multinational firms engage in international business

3.Convergence of ideas and culture

4.Obliteration of national boundaries


Question:
The following represent major reactive motives for initiating export

1.ended sales of seasonal products

2.competitive pressures

3.overproduction/excess capacity and unsolicited foreign orders

4.All of the above


Question:
The goods and the services produced, priced and distributed by the government is

1.Market economy

2.Secular economy

3.Command economy

4.Mixed economy


Question:
The income level of residents in a country is indicated by

1.gross national income

2.gross domestic product

3.per capita gross national income

4.per capita gross domestic product


Question:
The largest oil- exporting country in the world is _______

1.Norway

2.Saudi Arabia

3.Russia

4.Great Britain


Question:
The legal system in India is based on

1.Common law

2.Civil law

3.Theocratic law

4.Hindu law


Question:
The new economic policy has components _____

1.Liberalization

2.Privatization

3.Globalization

4.LPG


Question:
The objectives of import duty is/are

1.To raise income for the government

2.To restrict imports

3.To encourage exports

4.To raise income and restrict imports


Question:
The origin of Common law is in ______

1.America

2.England

3.Russia

4.India


Question:
The protection against the new invention of a product or process for a defined period is

1.patent

2.trade mark

3.copy right

4.Technology.


Question:
The purpose of a SWOT analysis is to analyse ______

1.The business environment in which an organisation operates

2.The strategic capability of an organisation

3.The business environment and the strategic capability of an organisation relative to its competitors

4.External and organisational environments


Question:
The system of government in a nation is called the

1.Political system

2.Economic environment

3.Political environment

4.National policy


Question:
The total accumulated value of foreign- owned assets at a given period of time is

1.flow of FDI

2.stock of FDI

3.inflow of FDI

4.outflow of FDI


Question:
The transfer of the ownership of state property into the hands of the private individuals by the sale of state assets through auction is

1.Privatization

2.Liberalization

3.Globalization

4.Domestication


Question:
The value chain is composed of primary & support activities. Which answer below provides the correct components for primary activities?

1.Service, human resource management, marketing & sales, operations and outbound logistics

2.Marketing & Sales, Operations, Outbound Logistics and Service

3.Procurement, Firm Infrastructure, Human Resource Management, Technology Development and Marketing & Sales

4.Inbound Logistics, Operations, Outbound Logistics, Marketing & Sales and Service


Question:
To assess the potential of international markets, organizations generally compare nations with respect to

1.political regime

2.demographics, GNP/capita and 'consumer preferences'

3.consumer preferences

4.demographics, GNP/capita


Question:
Uneven distribution of natural resources

1.is the only cause for international business

2.is the major factor for international business

3.is among the major factors for international business

4.is not a cause for international business


Question:
What are the important external factors that constitute the economic environment of business?

1.economic condition

2.economic policy

3.economic system

4.economic condition, policy and system


Question:
What do you mean by DGTD?

1.Director General of Trade and Development

2.Director General of Total Development

3.Director General of Technical Development

4.Director General of Transport Development


Question:
What does the term 'third sector' refer to?

1.the high technology industries

2.the service sector

3.the voluntary sector

4.small and medium sized enterprises (SMEs)


Question:
Which of the following are positive reasons for internationalization?

1.Market diversification

2.Economies of scale

3.International competitiveness

4.All of the above


Question:
Which of the following is characteristic of the final stage of demographic transition?

1.High death rates

2.Rapid population growth

3.Birth and death rates that are close to each other

4.High birth rates


Question:
Which of the following statements in relation to the Five Forces framework is correct?

1.The framework assists in developing a broad perspective on the environment within which an organisation is operating

2.It is not appropriate in public sector management

3.The framework is a means of identifying the forces which affect the level of competition in an industry or sector

4.The framework identifies the major stakeholders of an organisation


Question:
Which type of organization structure is characterized by departments or units dealing with specialized tasks?

1.Matrix

2.Divisional

3.Hierarchical

4.Functional


More MCQS

  1. MBA Accounting MCQ Question Set 1
  2. MBA Accounting MCQ Question Set 2
  3. MBA Accounting MCQ Question Set 3
  4. MBA Accounting MCQ Question Set 4
  5. MBA Accounting MCQ Question Set 5
  6. MBA Accounting MCQ Question Set 6
  7. MBA Accounting MCQ Question Set 7
  8. MBA Accounting MCQ Question Set 8
  9. MBA Accounting MCQ Question Set 9
  10. MBA Accounting MCQ Question Set 10
  11. MBA Advertising and Sales Promotion Mcq Set 1
  12. MBA Advertising and Sales Promotion Mcq Set 2
  13. MBA Advertising and Sales Promotion Mcq Set 3
  14. MBA Advertising and Sales Promotion Mcq Set 4
  15. MBA Advertising and Sales Promotion Mcq Set 5
  16. MBA Advertising and Sales Promotion Mcq Set 6
  17. MBA Advertising and Sales Promotion Mcq Set 7
  18. MBA Advertising and Sales Promotion Mcq Set 8
  19. MBA Advertising and Sales Promotion Mcq Set 9
  20. MBA Advertising and Sales Promotion Mcq Set 10
  21. MBA Advertising and Sales Promotion Mcq Set 11
  22. MBA Advertising and Sales Promotion Mcq Set 12
  23. MBA Advertising and Sales Promotion Mcq Set 13
  24. MBA Behavioural and Allied Sciences MCQ Set 1
  25. MBA Behavioural and Allied Sciences MCQ Set 2
  26. MBA Behavioural and Allied Sciences MCQ Set 3
  27. MBA Behavioural and Allied Sciences MCQ Set 4
  28. MBA Behavioural and Allied Sciences MCQ Set 5
  29. MBA Behavioural and Allied Sciences MCQ Set 6
  30. MBA Behavioural and Allied Sciences MCQ Set 7
  31. MBA Behavioural and Allied Sciences MCQ Set 8
  32. MBA Behavioural and Allied Sciences MCQ Set 9
  33. MBA Behavioural and Allied Sciences MCQ Set 10
  34. MBA Brand Management MCQ Set 1
  35. MBA Brand Management MCQ Set 2
  36. MBA Brand Management MCQ Set 3
  37. MBA Brand Management MCQ Set 4
  38. MBA Brand Management MCQ Set 5
  39. MBA Business Communication MCQ Set 1
  40. MBA Business Communication MCQ Set 2
  41. MBA Business Communication MCQ Set 3
  42. MBA Business Communication MCQ Set 4
  43. MBA Business Communication MCQ Set 5
  44. MBA Business Communication MCQ Set 6
  45. MBA Business Communication MCQ Set 7
  46. MBA Business Communication MCQ Set 8
  47. MBA Business Communication MCQ Set 9
  48. MBA Brand Management MCQ Set 10
  49. MBA Brand Management MCQ Set 11
  50. MBA Business Economics MCQ Set 1
  51. MBA Business Economics MCQ Set 2
  52. MBA Business Economics MCQ Set 3
  53. MBA Business Economics MCQ Set 4
  54. MBA Business Economics MCQ Set 5
  55. MBA Business Economics MCQ Set 6
  56. MBA Business Environment MCQ Set 1
  57. MBA Business Environment MCQ Set 2
  58. MBA Business Environment MCQ Set 3
  59. MBA Business Environment MCQ Set 4
  60. MBA Business Environment MCQ Set 5
  61. MBA Business Environment MCQ Set 6
  62. MBA Business Environment MCQ Set 7
  63. MBA Business Environment MCQ Set 8
  64. MBA Business Environment MCQ Set 9
  65. MBA Business Ethics and Governance MCQ Set 1
  66. MBA Business Law Mcq Set 1
  67. MBA Business Law Mcq Set 2
  68. MBA Business Law Mcq Set 3
  69. MBA Business Law Mcq Set 4
  70. MBA Business Law Mcq Set 5
  71. MBA Business Law Mcq Set 6
  72. MBA Business Law Mcq Set 7
  73. MBA Business Law Mcq Set 8
  74. MBA Business Law Mcq Set 9
  75. MBA Business Mathematics Mcq Set 1
  76. MBA Business Mathematics Mcq Set 2
  77. MBA Business Mathematics Mcq Set 3
  78. MBA Business Mathematics Mcq Set 4
  79. MBA Business Mathematics Mcq Set 5
  80. MBA Business Mathematics Mcq Set 6
  81. MBA Business Statistics Mcq Set 1
  82. MBA Business Statistics Mcq Set 2
  83. MBA Computers In Management Mcq Set 1
  84. MBA Computers In Management Mcq Set 2
  85. MBA Computers In Management Mcq Set 3
  86. MBA Computers In Management Mcq Set 4
  87. MAB Cost and Managerial Accounting Mcq Set 1
  88. MBA Cost and Managerial Accounting Mcq Set 1
  89. MBA Cost and Managerial Accounting Mcq Set 2
  90. MBA Cost and Managerial Accounting Mcq Set 3
  91. MBA Cost and Managerial Accounting Mcq Set 4
  92. MBA Cost and Managerial Accounting Mcq Set 5
  93. MBA Cost and Managerial Accounting Mcq Set 6
  94. MBA Cost and Managerial Accounting Mcq Set 7
  95. MBA Cost and Managerial Accounting Mcq Set 8
  96. MBA Cost and Managerial Accounting Mcq Set 9
  97. MBA Cost and Managerial Accounting Mcq Set 10
  98. MBA Cost and Managerial Accounting Mcq Set 11
  99. MBA E-Business MCQ Set 1
  100. MBA E-Business MCQ Set 2
  101. MBA E-Business MCQ Set 3
  102. MBA E-Business MCQ Set 4
  103. MBA English Language MCQ Set 1
  104. MBA English Language MCQ Set 2
  105. MBA Entrepreneurship Management MCQ Set 1
  106. MBA Entrepreneurship Management MCQ Set 2
  107. MBA Entrepreneurship Management MCQ Set 3
  108. MBA Entrepreneurship Management MCQ Set 4
  109. MBA Entrepreneurship Management MCQ Set 5
  110. MBA Entrepreneurship Management MCQ Set 6
  111. MBA Financial Management MCQ Set 1
  112. MBA Financial Management MCQ Set 2
  113. MBA Financial Management MCQ Set 3
  114. MBA Financial Management MCQ Set 4
  115. MBA Financial Management MCQ Set 5
  116. MBA Financial Management MCQ Set 6
  117. MBA Financial Management MCQ Set 7
  118. MBA Financial Management MCQ Set 8
  119. MBA Financial Management MCQ Set 9
  120. MBA Financial Management MCQ Set 10
  121. MBA Financial Management MCQ Set 11
  122. MBA Financial Management MCQ Set 12
  123. MBA Human Resource Management Mcq Set 1
  124. MBA Human Resource Management Mcq Set 2
  125. MBA Human Resource Management Mcq Set 3
  126. MBA Human Resource Management Mcq Set 4
  127. MBA Human Resource Management Mcq Set 5
  128. MBA Human Resource Management Mcq Set 6
  129. MBA Human Resource Management Mcq Set 7
  130. MBA Human Resource Management Mcq Set 8
  131. MBA Insurance and Risk Management Mcq Set 1
  132. MBA Insurance and Risk Management Mcq Set 2
  133. MBA Insurance and Risk Management Mcq Set 3
  134. MBA Insurance and Risk Management Mcq Set 4
  135. MBA Insurance and Risk Management Mcq Set 5
  136. MBA Insurance and Risk Management Mcq Set 6
  137. MBA Management Information Systems Mcq Set 1
  138. MBA Management Information Systems Mcq Set 2
  139. MBA Management Information Systems Mcq Set 3
  140. MBA Management Information Systems Mcq Set 4
  141. MBA Management Information Systems Mcq Set 5
  142. MBA Management Information Systems Mcq Set 6
  143. MBA Management Information Systems Mcq Set 7
  144. MBA Management Information Systems Mcq Set 8
  145. MBA Management Information Systems Mcq Set 9
  146. MBA Marketing Management Mcq Set 1
  147. MBA Marketing Management Mcq Set 2
  148. MBA Marketing Management Mcq Set 3
  149. MBA Marketing Management Mcq Set 4
  150. MBA Marketing Management Mcq Set 5
  151. MBA Marketing Management Mcq Set 6
  152. MBA Marketing Management Mcq Set 7
  153. MBA Marketing Management Mcq Set 8
  154. MBA Marketing Management Mcq Set 9
  155. MBA Marketing Management Mcq Set 10
  156. MBA Marketing Management Mcq Set 11
  157. MBA Marketing Management Mcq Set 12
  158. MBA Marketing Management Mcq Set 13
  159. MBA Media Planning Mcq Set 1
  160. MBA Media Planning Mcq Set 2
  161. MBA Media Planning Mcq Set 3
  162. MBA Media Planning Mcq Set 4
  163. MBA Operations Research Mcq Set 1
  164. MBA Operations Research Mcq Set 2
  165. MBA Operations Research Mcq Set 3
  166. MBA Operations Research Mcq Set 4
  167. MBA Operations Research Mcq Set 5
  168. MBA Organisational Behavior Mcq Set 1
  169. MBA Organisational Behavior Mcq Set 2
  170. MBA Organisational Behavior Mcq Set 3
  171. MBA Organisational Behavior Mcq Set 4
  172. MBA Principles and Practices of Management Mcq Set 1
  173. MBA Principles and Practices of Management Mcq Set 2
  174. MBA Principles and Practices of Management Mcq Set 3
  175. MBA Principles and Practices of Management Mcq Set 4
  176. MBA Principles and Practices of Management Mcq Set 5
  177. MBA Principles and Practices of Management Mcq Set 6
  178. MBA Principles and Practices of Management Mcq Set 7
  179. MBA Principles and Practices of Management Mcq Set 8
  180. MBA Principles and Practices of Management Mcq Set 9
  181. MBA Production and Operations Management Mcq Set 1
  182. MBA Production and Operations Management Mcq Set 2
  183. MBA Production and Operations Management Mcq Set 3
  184. MBA Production and Operations Management Mcq Set 4
  185. MBA Production and Operations Management Mcq Set 5
  186. MBA Production and Operations Management Mcq Set 6
  187. MBA Production and Operations Management Mcq Set 7
  188. MBA Production and Operations Management Mcq Set 8
  189. MBA Production and Operations Management Mcq Set 9
  190. MBA Production and Operations Management Mcq Set 10
  191. MBA System Analysis and Design Mcq Set 1
  192. MBA System Analysis and Design Mcq Set 2
  193. MBA System Analysis and Design Mcq Set 3
  194. MBA System Analysis and Design Mcq Set 4
  195. MBA System Analysis and Design Mcq Set 5
  196. MBA System Analysis and Design Mcq Set 6
  197. MBA System Analysis and Design Mcq Set 7
  198. MBA System Analysis and Design Mcq Set 8
  199. MBA System Analysis and Design Mcq Set 9
  200. MBA Total Quality Management Mcq Set 1
  201. MBA Total Quality Management Mcq Set 2
  202. MBA Total Quality Management Mcq Set 3
  203. MBA Total Quality Management Mcq Set 4
  204. MBA Total Quality Management Mcq Set 5
  205. MBA Total Quality Management Mcq Set 6
  206. MBA Total Quality Management Mcq Set 7
  207. MBA Total Quality Management Mcq Set 8
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!