Environmental Factors Book Back Questions

12th Standard EM

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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)

    Volatility, Uncertainty, Complexity and Ambiguity

    (c)

    Vision, Uncertainty, Corporate Governance and Ambiguity

    (d)

    Volatility, Uncertainty, Consumer and Ambiguity

  2. GST stands for ________.

    (a)

        Goods and Supply Tax

    (b)

    Government Sales Tax

    (c)

    Goods and Services Tax

    (d)

    General Sales Tax

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

    (a)

    Internal, External

    (b)

    Micro, Macro

    (c)

    Supplier, Competitors

    (d)

    Financial, Public

  4. ________ environment includes weather and climatic conditions.

    (a)

    Technological

    (b)

    Geo-physical environment

    (c)

    Socio-cultural

    (d)

    Global

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

    (a)

    Global

    (b)

    Technological

    (c)

    Socio-Cultural

    (d)

    Geo-physical

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

  8. What is Market?

  9. What is mean by Regulated Market?

  10. 3 x 3 = 9
  11. Explain the natural environment of business.

  12. State the framework of Corporate Governance in India.

  13. What do you know about Technological environment?

  14. 2 x 5 = 10
  15. Discuss the role of macro environment of business.

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

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