New ! Commerce MCQ Practise Tests



Environmental Factors Model Question Paper 1

12th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Value, Unavoidable, Company and Authority

    (c)

    Volatility, Uncontrollable, Company and Auction

    (d)

    All of the above

  2. ________ environment includes weather and climatic conditions.

    (a)

    Micro

    (b)

    Macro

    (c)

    Minimum

    (d)

    Maximum

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

    (a)

    Economic

    (b)

    Technological

    (c)

    Socio-Cultural

    (d)

    Geo-physical

  4. Internal environment factors can be changed or altered are known as

    (a)

    external factors

    (b)

    controllable factors

    (c)

    uncontrollable factors

    (d)

    none of these

  5. The success of an enterprise is solely dependent on its

    (a)

    manpower

    (b)

    skills

    (c)

    quality

    (d)

    right attitude

  6. 5 x 2 = 10
  7. What is GST?

  8. What is external environment?

  9. 5 x 3 = 15
  10. Explain the natural environment of business.

  11. What are the political environment factors?

  12. State the framework of Corporate Governance in India.

  13. What do you know about Technological environment?

  14. Explain the kinds of the GST.

  15. 4 x 5 = 20
  16. Discuss the role of macro environment of business.(any 5)

  17. Explain the micro environmental factors of business.

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

  19. Explain the core values of business?

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