New ! Commerce MCQ Practise Tests



Environmental Factors Book Back Questions

12th Standard

    Reg.No. :
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Commerce

Time : 01:30:00 Hrs
Total Marks : 30
    5 x 1 = 5
  1. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Value, Unavoidable, Company and Authority

    (c)

    Volatility, Uncontrollable, Company and Auction

    (d)

    All of the above

  2. GST stands for ________.

    (a)

    Goods and Social Tax

    (b)

    Goods and Service Tax

    (c)

    Goods and Sales Tax

    (d)

    Goods and Salary Tax

  3. The two major types of business environment are ________ and ________.

    (a)

    Positive and Negative

    (b)

    Internal and External

    (c)

    Good and Bad

    (d)

    Allowable and Unallowable

  4. ________ environment includes weather and climatic conditions.

    (a)

    Micro

    (b)

    Macro

    (c)

    Minimum

    (d)

    Maximum

  5. The size and composition of the population is part of _________ environment.

    (a)

    Economic

    (b)

    Technological

    (c)

    Socio-Cultural

    (d)

    Geo-physical

  6. 3 x 2 = 6
  7. Give the meaning of corporate governance.

  8. 3 x 3 = 9
  9. Explain the natural environment of business.

  10. State the framework of Corporate Governance in India.

  11. What do you know about Technological environment?

  12. 2 x 5 = 10
  13. Discuss the role of macro environment of business.(any 5)

  14. Discuss the significance of understanding business environment and the internal factors affecting business.

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