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Published on: 26/08/2019
Business Environment
Download CBSE Class 12th Standard CBSE Business Studies question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 12th Standard CBSE Business Studies
Questions + Answers key
Take MCQ Business Studies Test

1.
Male CEOs are most preferred for all type of organization. Don’t you think female executive need to have a fair chance? If so give valuable suggestions.
2.
What is the main reason behind the inefficiency of the public sector undertakings?
3.
After the change in government policy is it necessary for firms to adapt the market orientation technique.Why?
4.
State some service industries for which competition has increased due to change in government policies.
5.
Do you think business environment is a relative concept?
6.
As a foreign tourist visited India, he noticed that Indian markets, tastes, trends, and regulations were different from that of his country. Which feature of business environment is reflected here?
7.
'The understanding of business enables the firm to identify opportunities'.What is meant by 'opportunities' here?
1.
( )
Women empowerment, Equality, Recognising the talent.
2.
( )
PSUs fail to adapt the changes as they were cautious and conservative in their approach.Lots of political interference, red tapism and bureaucracy further did not let PSUs perform to their full potential.
3.
( )
It is so because due to increasing competition and more demanding customers it becomes necessary for firms to understand and analyze the market first and then produce goods according to the customers.
4.
( )
Some service industries for which competition has increased due to New Industrial Policy (NIP) are telecommunications, airlines, banking, and insurance.
5.
( )
Yes, business environment is a relative concept as it differs from country to country and from region to region.
6.
( )
Business environment is 'relative'.
7.
( )
'Opportunities' in the given statement refer to the positive changes in external environment, which will help a firm to improve its performance.
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