Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 3 Business Environment. Business Studies MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 12 Business Studies Business Environment MCQs Pdf with Answers to know their preparation level.<\/p>\n
1. Which of the following is not a part of the business environment of business? Answer: d 2. Which of the following is not a component of specific forces of business environment? Answer: a 3. The growing awareness about healthcare has led to an increase in the demand for healthcare products and services in the country. Identify the feature of business environment being described in the above case. Answer: d 4. Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics. Related feature of business environment being described in the above lines is \u2014 Answer: c 5. \u2018Twinkle Stars\u2019 is a well-known resort for organising parties, especially for children. However, in past 6 months its popularity has reduced considerably as a new resort with better ambience and facilities has opened within its vicinity. Name the related feature of business environment which has influenced the business of \u2018Twinkle Stars\u2019 adversely. Answer: b 6. Any kind of external devices, like compact discs (CD\u2019s) for computer, have become obsolete. Google, with its Google Drive service, Apple with its iCloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines. Answer: c 7. According to the United Nations Environmental Agency, the world produces around 300 million tons of plastic each year, half of which constitutes single-use items. Ford is recycling over one billion plastic bottles every year to develop elements of the car\u2019s interior, reducing the amount of plastic ending up in a landfill. The American car maker has revealed that their Romanian-built EcoSport SUVs\u2019 carpets are made using 470 recycled single-use plastic bottles. The process for making Ford EcoSport carpets involves shredding bottles and their caps into tiny flakes and then heating them to 260\u00b0 C. Identify the related dimension of business environment. Answer: c 8. DigiLocker is the country\u2019s first secured cloud-based platform for the storage, issuance and verification of documents with the Driving Licence & Vehicle Registration System of the Road Transport Ministry. The integration of a government department with DigiLocker since its launch last year is one of the biggest of its kind. It will spare 1 people the trouble of carrying licences & vehicle papers, which can be accessed on phones using the DigiLocker app. Identify the related dimension of business environment. Answer: b 9. The Uttarakhand government has developed surveillance network using latest satellite technology. Under this system, the state\u2019s mining department would be in a position to check illegal mining activities across the state. The state government is also considering the use of drones in its proposed campaign against illegal mining. Identify the related dimensions of business environment. Answer: c 10. In order to boost and double India\u2019s export of goods and services to over USD 1,000 billion by 2025, it is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment. Answer: a 11. The Economic Survey, 2019 suggests that the psychological biases can be used in the realm of tax compliance. It is in favour of using religious norms such \u201cdying in debt is a sin\u201d to improve tax compliance. Identify the related dimensions of business environment. Answer: b<\/p>\n<\/details>\n 12. Electric vehicles with zero tail pipe emission are emerging as a good alternative to \u2018 problems like climate change, surging pollution leading to ill health, crude import bill and energy security. Identify the related dimensions of business environment. Answer: c<\/p>\n<\/details>\n 13. \u2018Yo Tummy\u2019 began its business by offering the classic combo of hamburgers and fries. But over time, their customers wanted healthier foods, so \u2018Yo Tummy\u2019 responded and began offering healthy alternatives such as salads, fruits, wraps and oatmeal. If \u2018Yo Tummy\u2019 hadn\u2019t responded, they may have lost customers that wanted to eat healthier foods. The above case highlights one of the points related to the importance of business environment and its understanding by managers. Identify it. Answer: a<\/p>\n<\/details>\n 14. As a result of major government initiatives, more and more people are going \u2018green\u2019. In order to keep in line with the trend, \u2018Clapaway\u2019 a carpet cleaning company has advertised that they only use natural cleaners that come from renewable resources and that all their service vehicles are hybrid vehicles that use both gas and electricity. Identify one of the points related to the importance of business environment and its understanding by managers which is being highlighted in the above case. Answer: c<\/p>\n<\/details>\n 15. According to the World Health Organization, 39% of adults are overweight. Over the last 40 years, the prevalence of obesity has tripled around the world. With over half of consumers drinking at least one sugary drink on a given day, regulations towards the beverage sector are likely to become increasingly onerous. In the U.K., for example, a sugar tax was introduced in 2018 on beverages containing more than 5% sugar. Identify the related dimensions of business environment. Answer: a<\/p>\n<\/details>\n 16. India\u2019s population is expected to grow under 0.5 per cent during 2031-41 due to decline in fertility rate and increase in life expectancy. These changes in India\u2019s demography will also have implications such as the proportion of elementary school-going children will witness significant declines, lack of hospital beds and increase in retirement age. The related feature of business environment being described in the above lines is Answer: c<\/p>\n<\/details>\n 17. India continues to be a lower-middle-income country along with 46 others, while Sri Lanka has climbed to the upper-middle-income group for the fiscal year (FY) 2020, according to the World Bank\u2019s classification of countries by income levels, released on July 1, 2019. Answer: c<\/p>\n<\/details>\n 18. According to a report by the India Staffing Federation (ISF), India has emerged as the Answer: a<\/p>\n<\/details>\n 19. The Union Cabinet has given \u2018in-principle\u2019 nod to divest stakes in Air India \u2014 a wholly government owned airline. This means the government is willing to shed a substantial portion of its stake and hand over the management of the ailing airline to the private sector. Identify the concept being described in the above lines. Answer: b<\/p>\n<\/details>\n 20. The Government of India launched \u201cMake in India\u201d initiative in September, 2014 to increase foreign direct investment (FDI) in 25 sectors. As of April, 2015, FDI inflow in India increased by 48% since the launch of \u201cMake in India\u201d initiative. Answer: c<\/p>\n<\/details>\n 21. In today\u2019s world, the flow of goods and services is not only cheap and fast, but reliable and secure. You can order anything you wish from any part of the world. Internet has been connecting people without any limitations or boundaries in the way of doing business. Identify the concept being described in the above lines. Answer: b<\/p>\n<\/details>\n 22. On 8th November 2016, with the announcement from Government of India, all the \u20b9500 and \u20b91,000 banknotes of the Mahatma Gandhi series have ceased to be a legal tender. The givemment also announced the issuance of new \u20b9500 and \u20b92,000 banknotes in exchange for the demonetised banknotes. Identify the concept being described in the above lines. Answer: c<\/p>\n<\/details>\n 23. Which of the following is a feature of demonetisation? Answer: d<\/p>\n<\/details>\n 24. A business has to offer wider choice in purchasing enhanced quality of goods and services in order to maintain an edge over its competitors. The implementation of the new economic policy with liberalisation, privatisation and globalisation has posed various challenges for the corporate sector. One of the important challenges is explained in the above lines. Identify it. Answer: a<\/p>\n<\/details>\n We hope the given Business Studies MCQs for Class 12 with Answers Chapter 3 Business Environment will help you. If you have any query regarding CBSE Class 12 Business Studies Business Environment MCQs Pdf, drop a comment below and we will get back to you at the earliest.<\/p>\n","protected":false},"excerpt":{"rendered":" Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 3 Business Environment. Business […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"Get Business Studies MCQs for Class 12 with Answers Chapter 3 Business Environment for free on Infinity Learn.","custom_permalink":"ncert\/ncert-solution\/cbse\/business-studies\/chapter-3\/class-12-mcqs-for-class-12-with-answers-chapter-3-business-environment\/"},"categories":[32],"tags":[],"table_tags":[],"acf":[],"yoast_head":"\n
\n(a) Customers
\n(b) Suppliers
\n(c) Competitors
\n(d) None of the above<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(d) All of the above elements are a part of business environment of an enterprise.<\/p>\n<\/details>\n
\n
\n(a) Technological conditions
\n(b) Customers
\n(c) Employees
\n(d) Investors<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(a) Technological conditions is a component of general forces that affect the business environment of an enterprise.<\/p>\n<\/details>\n
\n
\n(a) Dynamic nature
\n(b) Uncertainty
\n(c) Relativity
\n(d) Interrelatedness<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(d) Interrelatedness, as the different elements or parts of business environment are closely interrelated<\/p>\n<\/details>\n
\n
\n(a) Totality of external forces
\n(b) Dynamic nature
\n(c) Interrelatedness
\n(d) Relativity<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(c) Interrelatedness, as the different elements or parts of business environment are closely interrelated<\/p>\n<\/details>\n
\n
\n(a) Totality of external forces
\n(b) Dynamic nature
\n(c) Interrelatedness
\n(d) Uncertainty<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(b) Dynamic nature as business environment is dynamic in that it keeps on changing<\/p>\n<\/details>\n
\n
\n(a) Relativity
\n(b) Dynamic nature
\n(c) Uncertainty
\n(d) Interrelatedness<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(c) Uncertainty, as business environment is largely uncertain as it is very difficult to predict future events.<\/p>\n<\/details>\n
\n
\n(a) Economic dimension
\n(b) Social dimension
\n(c) Technological dimension
\n(d) Political dimension<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(c) Technological dimension, as technology is facilitating recycling process.<\/p>\n<\/details>\n
\n
\n(a) Ecoriomic dimension
\n(b) Technological dimension
\n(c) Social dimension
\n(d) Political dimension<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(b) Technological dimension, as technology is facilitating online process.<\/p>\n<\/details>\n
\n
\n(a) Economic dimension and Legal dimension
\n(b) Social dimension and Economic dimension
\n(c) Technological dimension and Political dimension
\n(d) Political dimension and Economic dimension<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(c) Technological dimension and Political dimension<\/p>\n<\/details>\n
\n
\n(a) Social dimension and Legal dimension
\n(b) Technological dimension and Political dimension
\n(c) Political dimension and Social dimension
\n(d) Economic dimension and Legal dimension<\/p>\nAnswer\/Explanation<\/strong><\/span><\/summary>\n
\nExplanation:
\n(a) Economic dimension and Legal dimension<\/p>\n<\/details>\n
\n
\n(a) Legal dimension and Social dimension
\n(b) Social dimension and Economic dimension
\n(c) Technological dimension and Political dimension
\n(d) Political dimension and Economic dimension<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Economic dimension, Legal dimension and Social dimension
\n(b) Social dimension, Political dimension and Economic dimension
\n(c) Economic dimension, Technological dimension and Social dimension
\n(d) Social dimension, Political dimension and Legal dimension<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) It helps in coping with rapid changes.
\n(b) It helps in improving performance.
\n(c) It helps the firm to identify threats and early warning signals.
\n(d) It enables the firm to identify opportunities and getting the first mover advantage.<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) It helps in assisting in planning and policy formulation.
\n(b) It helps in coping with rapid changes.
\n(c) It helps in improving performance.
\n(d) It enables the firm to identify opportunities and getting the first mover advantage.<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Legal dimension and Social dimension
\n(b) Social dimension and Technological dimension
\n(c) Technological dimension and Legal dimension
\n(d) Political dimension and Technological dimension<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Totality of external forces
\n(b) Dynamic nature
\n(c) Interrelatedness
\n(d) Relativity<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\nIdentify the related dimensions of business environment.
\n(a) Social dimension
\n(b) Technological dimension
\n(c) Economic dimension
\n(d) Political dimension<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\nfifth largest market worldwide in flexi-staffing in 2018 and the country would have 6.1 million flexi-workforce by 2021. It showed that Haryana, Gujarat, Karnataka, Madhya Pradesh and Telangana are the states with high growth potential for flexi- staffing but Andhra Pradesh tops the list of states with favourable business environment. Identify the feature of business environment being discussed above,
\n(a) Relativity
\n(b) Dynamic nature
\n(c) Uncertainty
\n(d) Interrelatedness<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Liberalisation
\n(b) Privatisation
\n(c) Globalisation
\n(d) Demonetisation<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\nIdentify the concept being described in the above lines, with regard to inflow of FDI.
\n(a) Demonetisation
\n(b) Privatisation
\n(c) Liberalisation
\n(d) Globalisation<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Liberalisation
\n(b) Globalisation
\n(c) Demonetisation
\n(d) Privatisation<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Globalisation
\n(b) Liberalisation
\n(c) Demonetisation
\n(d) Privatisation<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Tax administration measure
\n(b) Channelising savings into the formal financial system
\n(c) Development of less-cash economy
\n(d) All of the above<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n
\n(a) Increasing competition
\n(b) More demanding customers
\n(c) Necessity for change
\n(d) Market orientation<\/p>\nAnswer<\/strong><\/span><\/summary>\n
\n