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12th Standard Commerce Environmental Factors English Medium Free Online Test One Mark Questions 2020 - 2021

12th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  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. The two major types of business environment are ________ and ________.

    (a)

    Internal, External

    (b)

    Micro, Macro

    (c)

    Supplier, Competitors

    (d)

    Financial, Public

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

    (a)

    Global

    (b)

    Technological

    (c)

    Socio-Cultural

    (d)

    Geo-physical

  4. A business is an integral part of the

    (a)

    social system

    (b)

    economic system

    (c)

    psychological system

    (d)

    none of these

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

    (a)

    external factors

    (b)

    controllable factors

    (c)

    uncontrollable factors

    (d)

    none of these

  6. Organisations have realised the importance of nurturing and maintaining good relationship with the

    (a)

    competitors

    (b)

    financier

    (c)

    customers

    (d)

    suppliers

  7. Which provides a frame work for managing a company and achieving its objectives?

    (a)

    Corporate governance

    (b)

    Public corporation

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  8. The success of an orgnisation depends upon the sharing of________ by all members.

    (a)

    Vision and objectives

    (b)

    Internal power relations

    (c)

    Company image

    (d)

    Values system

  9. The ________ group has the ability to make or man a business.

    (a)

    Competitors

    (b)

    Public

    (c)

    Private

    (d)

    None of these

  10. _________ economy is a combination of both state owned and private sector ownership.

    (a)

    Socialistic

    (b)

    Capitalistic

    (c)

    Mixed

    (d)

    None of these

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