CBSE Class 12 Business Environment Multiple Choice Questions with Answers. MCQ Questions Class 12 Business Environment with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Business Environment with Answers to know their preparation level.
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MCQ Questions Class 12 Business Environment with Answers - Set - 1
Question 1:Â
Standards should be_____________so that they can be modified as per changes taking place in the business environment.
(a) static
(b) flexible
(c) rigid
(d) stagnant
Correct Answer – (B)
Question 2:Â
Which one is not an element of internal environment?
(a) Money and capital market
(b) Marketing capabilities
(c) Operational Capabilities
(d) Personal Capabilities
Correct Answer – (A)
Question 3:Â
India continues to be a lower-middle-income country along with 46 others, while Sri Lanka has climbed to the upper-middle-income group for the fiscal year (FY) 2020, according to the World Bank’s classification of countries by income levels, released on July 1, 2019. Identify the related dimensions of business environment.
(a) Social dimension
(b) Technological dimension
(c) Economic dimension
(d) Political dimension
Correct Answer – (C)
Question 4:Â
With this introduction of Photostate Machines in the market, the carbon paper industry was adversely affected. Which component of environment was responsible for it?
(a) Economic
(b) Political
(c) Technical
(d) All the above
Correct Answer – (C)
Question 5:Â
Which of the following is not the component of Specific Forces of business environment ?
(a) Technology
(b) Customers
(c) Investors
(d) Employees
Correct Answer – (A)
MCQ Questions Class 12 Business Environment With Answers
Question 6:Â
Which of the following is not an element of social environment?
(a) Birth and death rate
(b) Constitution of the country
(c) Population Shifts
(d) Life expectancy
Correct Answer – (B)
Question 7:Â
Even though the political conditions vary from country to country, they impact the sentiment of an investor in the business, if the instability of the political conditions cause uncertainty and make it difficult for him to predict the future. Which feature of the business environment is being highlighted in the above statement?
(a) Specific and general forces
(b) Dynamic nature
(c) Relativity
(d) All of these
Correct Answer – (D)
Question 8:Â
Macro environment consists of which of the following:
(a) Political system
(b) Culture of the society
(c) Demographic factors
(d) All of the above
Correct Answer – (D)
Question 9:Â
The organic food market in India is growing at 25-30 per cent which reflects a clear shift in consumer tastes and preferences. The current growth in the organic food market is driven by multiplicity of factors likerising health consciousness, changing lifestyles, increase in disposable income and growing availability of organic food products in shopping malls, retail outlets and online. In context of the above case identify the features of business environment.
(a) Dynamic nature
(b) Inter-relatedness
(c) Export orientationÂ
(d) Both (a) and (b)
Correct Answer – (D)
Question 10:Â
India’s population is expected to grow under 0.5 per cent during 2031-41 due to decline in fertility rate and increase in life expectancy. These changes in India’s demography will also have implications such as the proportion of elementary school-going children will witness significant declines, lack of hospital beds and increase in retirement age. The related feature of business environment being described in the above lines is:
(a) Totality of external forces
(b) Dynamic nature
(c) Interrelatedness
(d) Relativity
