MCQs CDS Engineering
 
1. helps defining the company's business, its objectives and its approach to reach  those objective.
(a) Vision statement                         
(b)   Mission statement
(c)  Business statement                    
(d)   Statement of purpose.  
Answer: b
2. .…………means the flexibility and adaptability of law and other legal rule governing the business.
(a)    Political Environment                 
(b)    Legal  Environment
(c)  Technologe'  Environment    
(d)  Both (a) and (b).      
Answer: b     
3. ·The forces which are external but still have a direct bearing on the operations  of the firm are called.
(a)   Micro Environment             
(b)  Macro environment 
(c)   Internal Environment           
(d)  All of the above          
Answer: a
4. . Customers, shareholders, competitors, etc are the elements of
(a)  Micro Environment              
(b) Internal environment
(c)  Macro Environment           
(d)   None of the above        
Answer: a
5. The size, density, distribution and growth rate of population is called
(a) Ecology                                
(b)  Habitat
(c)  Demographics                     
(d)  None of the above    
Answer:  c

6. Macro factors of business environment are generally:
(a)  As controllable as micro factors
(b)  Less controllable than micro factors
(c)  More controllable than micro factors
(d)  None of the above               
Answer: b
7. Which  of  the  following  is  not  true  in  relation  to  the  business environment?
(a)   It is beyond the organisational
(b)   It is a sum total of internal and external control factors
(c)   Organisation can remain insen itive to the business  environment
(d)   It is dynamic in nature                                                       
Answer: c
8. . USP stands tor
(a) Unique Selling Price
(b)  Unique Strategic Price
(c)  Unique Selling Point    
(d)  Ultimate Selling Price
Answer:c
9. The  process  of  restoring  to  its  former  properties  seized  by  the  government is called
(a) Divesture
(b)  Restoration
(c)  Liquidation
(d)  Reprivatisation                      
Answer:c
10. Which one of the following is the desired future position.
(a)  Financial Statement
(b)  Vision Statement
(c)  Objectives
(d)  All of the above.        
Answer: b

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