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Published on: 20/09/2019
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.
‘Demand for reservation in jobs for minorities’. Identify the type of dimension of business environment. State the values promoted in the above case. Social Environment
2.
The government restricted the use of LPG cylinders to only nine per family per year. Name the dimension of business environment highlighted in the above. Explain the dimension. What is the value hereby elicited by the government? Economic Environment
3.
Alcohol beverages are prohibited to be advertised on media’. Which component of general environment prohibits advertise ? What values are boosted by the government?
4.
Decline in interest rates on housing loans declared by RBI. Name the component of business environment. What values we inculcated by this component of business environment?
Context: Economic environment
5.
Mr. Prasanth Gupta is the owner and manager of a grocery store. He attended a management seminar. The topic was on globalisation and impact of technology on business. He was shocked by many television ads and mailers to see different opportunities available on the internet for his expansion. To upgrade the technology in his business outside the city and he feels internet does not have any application to the retail industry. What should Mr. Prasanth do to avoid any negative impact of the changes in business environment? By adopting technological environment what values Mr. Prasanth can exhibit in his business?
6.
After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India. These steps of the government have boosted which values?
7.
In recent times the Govt. has increased the prices of diesel and LPG. Which value is being overlooked here?
1.
(i) Preferences to minority section
(ii) Improve their standard of living
(iii) Being considerate
(iv) Equality
2.
(i) Encouraging the use of alternate resources.
(ii) Economically usage of commodities
(iii) Proper utilisation of scarce resources
(iv) To be conscious to live within limited budget of available commodities
3.
(i) Welfare of the family/society
(ii) Protection, care for the society
(iii) Reduction of prevalent social evil
(iv) Abiding the law
4.
i) Rising standard of living.
ii) Economic development.
iii) Distribution of wealth.
iv) Encouragement of middle class sections.
5.
i) Responsibility to use resources
ii) Care for his customers
iii) Adaptability
iv) Commitment to serve the stakeholders in a better manner.
6.
i) Encouragement to country made products
ii) Development of market for domestic products
iii) Development of National Values
7.
i) Fall in Standard of living
ii) Increase in Domestic Expenditure
iii) Increase in the cost of agricultural products
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