Business Environment 13

Lets Crack Online Exam

Objective Questions and Answers of MBA: Business Environment 13

Subject: Objective Questions and Answers of MBA: Business Environment 13

Part 13: Objective questions and answers of Business Environment


Q1. Factors that affect global human resource management are

a) Economic factor

b) Societal factor

c) Cultural factor

d) All the above


Q2. As per cultural dimensions of hosted, masculinity refers to

a) Male- female ratio in the country

b) Society dominated by male members

c) Society characterized by aggressive and materialistic behaviour

d) War- ridden societies


Q3. Which of the following could be effective in preventing a potential competitor from entering the market?

a) High capital costs

b) Differentiation

c) Retaliation

d) Low switching costs for buyers


Q4. Which is the largest country within the eu by size of the population?

a) Poland

b) Germany

c) United kingdom

d) France


Q5. Indirect regulations affecting international business does not include

a) Export licensing

b) Antiboycott regulations

c) Anti trust laws

d) Anti corruption laws


Q6. Product liability law relate to

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

b) Liability of the customer for illegitimate use of the product

c) Liability of the seller for selling spurious goods

d) Holding the manufacturer for advertising the false information


Q7.geographical indications specifies

a) Place of origin of goods

b) Special characteristics of the product associated with place of origin

c) Place and special characters of the product

d) Place or special characters of the product


Q8. Income and population are two variables that can be used

a) Demographic segmentation

b) Behavioural segmentation

c) Lifestyle segmentation

d) Psychographic segmentation


Q9. What does the term 'third sector' refer to?

a) The high technology industries

b) The service sector

c) The voluntary sector

d) Small and medium sized enterprises (smes)


Q10. The protection against the new invention of a product or process for a defined period is

a) Patent

b) Trade mark

c) Copy right

d) Technology


Q11. 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 ______________.

a) Franchising

b) Licensing

c) Joint venture

d) Strategic alliances


Q12. The new economic policy has components ______________.

a) Liberalization

b) Privatization

c) Globalization

d) LPG


Q13. An ethical stance is the extent to which ______________.

a) An organization meets the expectations of its stakeholders

b) An organization will exceed its minimum obligations to stakeholders and society at large

c) An organization meets regulatory requirements

d) An organization respects the dominant religious beliefs of the country in which it operates


Q14. Which of the following is characteristic of the final stage of demographic transition?

a) High death rates

b) Rapid population growth

c) Birth and death rates that are close to each other

d) High birth rates


Q15. Free international trade maximizes world output through

a) Countries specializing in production of goods they are best suited for

b) Reduction in taxes

c) Increased factor income

d) Encouraging competition


Q16. Non- verbal communication

a) Includes written communication

b) Has no place in international business

c) Includes body language

d) Should be learnt by business managers to communicate with foreigners


Q17. The income level of residents in a country is indicated by

a) Gross national income

b) Gross domestic product

c) Per capita gross national income

d) Per capita gross domestic product


Q18. Market segmentation aims to

a) Identify the similarities and differences between groups of customers or users

b) Identify the similarities between groups of customers or users

c) Identify the differences between organizations and their competitors

d) Identify the needs and wants of all customers or users


Q19. Among the factors that affect the balance of trade figures are

a) Exchange rates, taxes, tariffs and trade measures

b) The business cycle at home or abroad

c) Trade barriers and agreements

d) Non-tariff barriers


Q20. The objectives of import duty is/are

a) To raise income for the government

b) To restrict imports

c) To encourage exports

d) To raise income and restrict imports


Part 13: Objective questions and answers of Business Environment


Q1. Answer d


Q2. Answer c


Q3. Answer a


Q4. Answer b


Q5. Answer a


Q6. Answer a


Q7. Answer c


Q8. Answer a


Q9. Answer c


Q10. Answer a


Q11. Answer a


Q12. Answer b


Q13. Answer b


Q14. Answer c


Q15. Answer a


Q16. Answer c


Q17. Answer c


Q18. Answer a


Q19. Answer a


Q20. Answer d

Be the first to comment

Leave a Reply