MBA/MBA Business Environment MCQ Set 8 Sample Test,Sample questions

Question:
A contract drafted under civil law differs from that drafted under common law in the following respect

1.It will be detailed

2.It will be shorter and less specific

3.It will provide less severe damages

4.It will be in detail


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 entitlement establishing a firm that is jointly owned by two or more otherwise independent firms ______

1.franchising

2.licensing

3.joint venture

4.strategic alliances


Question:
A multi-national corporation (MNC) is defined by

1.carrying out production in more than one country

2.having sales in more than one country

3.having a multi-ethnic workforce

4.having suppliers in more than one country


Question:
Air and water pollution are typically ______

1.Regional

2.Multilateral

3.Economic

4.Gobal


Question:
An agreement whereby a person grants the other the rights to intangible property for a specified period for a return of royalty is _______

1.franchising

2.licensing

3.joint venture

4.strategic alliances


Question:
An increase in the general level of prices, as measured against some baseline of purchasing power is also known as

1.inflation

2.recession

3.deflation

4.depression


Question:
An organisational field is a ______

1.Definition of the competitive structure of an industry

2.Set of assumptions held in common within an industry

3.Set of benchmarks which organisations should achieve in order to be successful

4.Community of organisations with a common meaning system and which interact more frequently with each other than with those outside the field


Question:
Approximately what per cent of the world income is found outside the United States of America?

1.30 per cent

2.40 per cent

3.75 per cent

4.90 per cent


Question:
By entering into international business, a firm expects improvement in

1.Marketing

2.All spheres of marketing, operation and finance simultaneously

3.Any or all spheres of marketing, operation and finance

4.Finance only


Question:
Case law is the other name for _______

1.code law

2.common law

3.civil law

4.criminal law


Question:
Competitors, Customers and Public are the part of _____

1.macro environment

2.micro environment

3.business necessities

4.internal environment


Question:
Corporate Social Responsibilty concerns _____

1.how an organisation meets the expectations of its stakeholders

2.the behaviour of individual managers

3.external stakeholder relationships

4.the ways in which an organisation exceeds its minimum required obligations to stakeholders


Question:
Environment is synonym with ______

1.task

2.relation

3.people

4.situational variables


Question:
How can a marketer use the age distribution of the population in a market?

1.the marketer can use it to identify the purchasing power of the population in each country

2.the marketer can use it to identify the potential number of customers in various age groups

3.the marketer can use it to identify behavioural patterns within each age group

4.the marketer can use it to identify lifestyle patterns within various age groups


Question:
Import tariff benefits

1.the consumers

2.domestic producers

3.overseas suppliers

4.the overseas producers


Question:
In India, the patent available for pharmaceuticals is

1.for product only

2.for process only

3.both for product and process

4.neither product nor process


Question:
In international business cheaper alternatives to litigation is/ are

1.Conciliation

2.Arbitration

3.Negotiations

4.Conciliation and arbitration


Question:
In the Five Forces framework, threat of entrants means

1.The possibility of an existing competitor capturing the entire market

2.The possibility of an existing competitor withdrawing from the market

3.The possibility of a new competitor entering the market

4.The possibility of a potential competitor entering a different market


Question:
In which of the following basic categories can business environment be

1.Local and Regional

2.Regional and National

3.Internal and External

4.Financial and Non financial


Question:
Non- tariff trade barriers do not include

1.administrative regulations

2.export subsidiaries

3.fiscal barriers

4.quota


Question:
Outsourcing of components is an example of globalisation of

1.Production

2.Marketing

3.Purchase

4.Production and marketing


Question:
PEST is an acronym which stands for

1.duct, Economy, Society, Technology

2.Political, Economic, Societal, Technological

3.Political, Economic, Social, Technological

4.People, Economy, Standards, Transport


Question:
Strong exchange rates can

1.help predict change in lifestyle across Europe

2.predict the evolution of sales for particular brands

3.help estimate consumer purchasing power

4.drive imports to become cheaper


Question:
SWOT should be ________

1.A general list of issues under each heading

2.Focused on key issues and as specific as possible

3.Completed when an analysis of the external environment has been conducted

4.SWOT analysis is the best strategic management framework for analysing the competitive positioning of an organization


Question:
The concept of a firm's 'license to operate' refers to

1.a legal requirement for company registration

2.the need for a firm to retain its legitimacy in the eyes of the public

3.a qualification needed by company directors

4.an agreement recognizing trade unions


Question:
The cultural web is a ________

1.Representation of the taken-for-granted assumptions, or paradigm, of an organisation and the physical manifestations of the organisation culture

2.Representation of the taken-for-granted assumptions, or paradigm, of an organisation and its competitors

3.Representation of the power in an organisation

4.Representation of the politics in an organisation


Question:
The essential feature of FDI is

1.Investment of a very high value

2.Investment in shares

3.Investors influence on the management of the enterprise

4.Investment of low value


Question:
The five forces that affect the level of competition in an industry are

1.Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry

2.Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession

3.Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry

4.Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action


Question:
The following is not a component of culture

1.Attitudes

2.Beliefs

3.Education

4.Life expectancy


Question:
The idea that consumers are in charge of the economic system because their preferences drive business decisions about what to produce is referred to as

1.consumer activism

2.consumer sovereignty

3.consumerism

4.consumer therapy


Question:
The law system practices in Japan is ________

1.Common law

2.Code law

3.Civil law

4.Religious law


Question:
The Paris Convention for the Protection of Industry Property was dated

1.1783

2.1883

3.1983

4.2003


Question:
The political power monopolized by a party that governs according to religious principles is

1.Communist totalitarianism

2.Theocratic totalitarianism

3.Secular totalitarianism

4.Tribal totalitarianism


Question:
The role of women is restricted in

1.Eastern countries

2.Middle East countries

3.Traditional Islamic countries

4.India


Question:
The social guidelines and rules that prescribe appropriate behavior in particular situation is __________

1.norms

2.values

3.attitude

4.belief


Question:
The stage indicating highest level of economic growth is

1.age of mass consumption

2.age of mass production

3.maturity

4.drive to maturity


Question:
The taking over of a private firm by the host country government to be run it as a government unit is

1.expropriation

2.confiscation

3.nationalization

4.Domestication


Question:
The trend seen in the economic systems of the countries is that.

1.command economies are moving towards mixed economies

2.mixed economies are moving towards command economies

3.mixed economies are moving towards market economies

4.market economies are moving towards command economies


Question:
This legal system relies on precedent and conventions

1.Statute law

2.Code law

3.Civil law

4.Common law


Question:
To what extent of the world population is collectivist?

1.10- 20 per cent

2.40-50 per cent

3.70-80 per cent

4.90-95 per cent


Question:
Transfer of assets of a foreign firm to a domestic firm effected by the government with payment of compensation is

1.Expropriation

2.Appropriation

3.Confiscation

4.Domestication


Question:
What is the growth rate of the industrial output in the last four decades?

1.4.5 % per annum

2.5 % annum

3.6 % per annum

4.5.5 % per annum


Question:
When was the first Five year Plan?

1.1950

2.1951

3.1952

4.1953


Question:
Which countries has been reluctant to agree to reduction in Greenhouse gas emission?

1.Russia

2.Great Britain

3.France

4.China


Question:
Which economic factors should be analysed by organizations wishing to expand in international markets?

1.Interest rates

2.Employment

3.Purchasing power

4.All the above.


Question:
Which law emphasized the importance of continuous development and expansion of export oriented production?

1.Export Policy Resolution, 1970

2.MRTP

3.IRDA

4.The Companies Act


Question:
Which of the following is not true about high- context cultures?

1.lawyers are less important

2.Negotiations are lengthy

3.People make a big deal out of private space

4.Competitive bidding is less important


Question:
Which of the following options contains the correct order from the lowest to highest level of economic integration?

1.from economic area to customs union to common market to free trade area

2.from customs union to economic union to free trade area to common market

3.from free trade area to customs union to common market to economic union

4.from common market to free trade area to economic union to customs union


Question:
Which types of organizational knowledge is a source of competitive advantage?

1.Explicit knowledge which is classified and formalized in a planned and systematic way

2.Personal knowledge which is hard to communicate and formalize

3.Customer databases, market research reports, management reports

4.Collective and shared experience accumulated through systems, routines and activities of sharing across the organization


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  7. MBA Accounting MCQ Question Set 7
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  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
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