Business environment- Test 1

The purpose of business that goes beyond earning profits: …..

The purposes of business that goes beyond earning profits:…

Which of the following statement is TRUE?
(1) Environment refers to all forces, which have a bearing on the functioning of business.
(2) Success of every business depends on adapting itself to the environment within which it functions.

Environment can be forces of ….. apart from internal forces of the organization.

Environmental factors may be-
A. Internal
B. External

Business environment is the sum total of all things….. to business firms and, as such, is aggregative in nature.

Business environment includes…

Which of the following is/are NOT features of business environment?
(I) Uncertainty
(II) Relativity
(III) Static Nature

In relation to business environment specific forces includes….

In relation to business environment general forces includes….conditions.

Business environment is
(I) Dynamic in nature
(II) Largely uncertain

Which of the following is nature of the business environment?
(I) Multifaceted
(II) Uncertain
(III)Dynamic

Which of the following statement is FALSE?
(I) Early identification of opportunities do not help an enterprise to exploit opportunities.
(II) Identification of possible threats helps in taking corrective and improving measures to survive the competition.

In order to effectively cope with significant changes, firms must _____ the environment and develop suitable course of action.

In which of the following ways proper understanding of various aspects of business environment helps the business?

Which of the following describes the desired future position of the company?

A___defines the company’s business, its objectives and its approach to reach those objectives.

Your ____ is your ultimate goal, your ___ is how you will get there.

Where you want your business to be in 10 years time. This can be termed as:___

To develop caliber professionals facilitating good corporate governance is ___ of ICSI.

To be a global leader in promoting good corporate governance is ____ of ICSI.

To give people the power to share and make the world more open and connected is ____ of facebook.

To organize the world’s information and make it universally accessible and useful is mission of ____

To bring inspiration and innovation to every athlete in the world is mission of___

” We invite new thinking, so even more fantastic ideas can evolve. We take chances. We exceed expectations. We help dreamers dream.” This is vision of ___