MCQ Questions Class 12 Business Environment-2

MCQ Questions Class 12 Business Environment With Answers

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.

Students who are searching for NCERT MCQ Questions Class 12 Business Environment with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 12 Business Environment with Answers. You can also verify your answers from the provided MCQ Class 12 Business Environment with Answers. So, ace up your preparation with MCQ of Class 12 Business Studies Examinations.

MCQ Questions Class 12 Business Environment with Answers - Set - 2

Question 1: 

The Prime Minister has given a relief package of ` 5 crore. This is related to which dimension of business environment
(a) Political environment
(b) Economic environment
(c) Legal environment
(d) None of these

Correct Answer – (B)

Question 2: 

Electric vehicles with zero emission are emerging as a good alternative to ‘problems like climate change, surging pollution, crude import bill and energy security. Identify the related dimensions of business environment.
(a) Economic dimension, legal dimension and social dimension
(b) Social dimension, political dimension and economic dimension
(c) Economic dimension, technological dimension and social dimension
(d) Social dimension, political dimension and legal dimension

Correct Answer – (C)

Question 3: 

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)

Question 4: 

Which of the following does not characterize the business environment?
(a) Uncertainty
(b) Employees
(c) Complexity
(d) Relativity

Correct Answer – (B)

Question 5: 

“The increase in the demand for many Ayurvedic medicines, Health products and services in the past few months, is related to the need for building immunity and an increased awareness for health care due to the spread of Corona Virus.” Identify the feature of business environment being described above.
(a) Specific and general forces
(b) Inter-relatedness
(c) Relativity
(d) None of these

Correct Answer – (B)

MCQ Questions Class 12 Business Environment With Answers

Question 6: 

‘HUNGER’ began its business by offering the classic combo of hamburgers and fries. But over time, their customers wanted healthier foods, so ‘HUNGER’ responded and began offering healthy alternatives such as salads, fruits, wraps and oatmeal. If ‘HUNGER’ hadn’t responded, they may have lost customers that wanted to eat healthier foods. The above case highlights one of the points related to the importance of business environment and its understanding by managers as___________
(a) it helps in coping with rapid changes.
(b) it helps in improving performance.
(c) it helps the firm to identify threats and early warning signals.
(d) it enables the firm to identify opportunities and getting the first mover advantage.

Correct Answer – (A)

Question 7: 

Praveen started a wrist watch showroom in Mumbai India. He wants to sell wrist watch in France but he understands that conditions are different in different countries. The features of business environment highlighted here is___________
(a) Relativity
(b) Uncertainty
(c) Dynamic nature
(d) Complexity

Correct Answer – (A)

Question 8: 

The Jharkhand government has developed surveillance network using latest satellite technology. Under this system, the state’s mining department would be in a position to check illegal mining activities across the state. The state government is also considering the use of drones in its proposed campaign against illegal mining. Identify the related dimensions of business environment.
(a) Economic dimension and legal dimension
(b) Social dimension and economic dimension
(c) Technological dimension and political dimension
(d) Political dimension and economic dimension

Correct Answer – (C)

Question 9: 

Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is:
(a) Totality of external forces
(b) Dynamic nature
(c) Interrelatedness
(d) Relativity

Correct Answer – (C)

Question 10: 

The Economic Survey, 2019 suggests that the psychological biases can be used for the tax compliance. It is in favour of using religious slogan such as “dying in debt is a sin” to improve tax compliance. Identify the related dimensions of business environment.
(a) Legal dimension and social dimension
(b) Social dimension and economic dimension
(c) Technological dimension and political dimension
(d) Political dimension and economic dimension

Correct Answer – (B)
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