MCQOPTIONS
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MCQOPTIONS
This section includes 77 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
There are two sets of factors which influence the business of an enterprise is ____________ |
| A. | Internal and External |
| B. | Micro and Macro |
| C. | Political and Legal |
| D. | Social, Cultural & Technological |
| Answer» B. Micro and Macro | |
| 2. |
___________ is consists of the totality of all factors with in or outside the control of individual business firms. |
| A. | Business |
| B. | Environment |
| C. | Business environment |
| D. | organisation |
| Answer» D. organisation | |
| 3. |
___________ Consists of the actors in the company's immediate environment that affect the performance of the company. |
| A. | Macro environment |
| B. | Micro environment |
| C. | Internal environment |
| D. | External environment |
| Answer» C. Internal environment | |
| 4. |
____________ is environment covers those factors which give shape and form to the dept. of economic activities. |
| A. | Technological |
| B. | Demographic |
| C. | Social and cultural |
| D. | Economic |
| Answer» E. | |
| 5. |
A stable, honest and efficient political system is a primary factor for the growth of ______________ |
| A. | Business |
| B. | General environment |
| C. | Economic conditions |
| D. | Natural environment |
| Answer» B. General environment | |
| 6. |
When the rate of change in is insignificant, it is termed as ________ environment |
| A. | General or specific |
| B. | Stable or static |
| C. | Dynamic or certain |
| D. | Simple of complex |
| Answer» C. Dynamic or certain | |
| 7. |
When some sudden and unpredictable changes take place in the organisation is said to ___________ |
| A. | Technological environment |
| B. | Natural environment |
| C. | Turbulent environment |
| D. | Changing environment |
| Answer» D. Changing environment | |
| 8. |
The international registration of Trade Marks aims at the international registration is ________ |
| A. | Trade Mark Registration Treat |
| B. | Independent of patents |
| C. | Patent Cooperation Treaty |
| D. | The Madrid Agreement |
| Answer» E. | |
| 9. |
____________ is also called the International convention for the protection of industrial property. |
| A. | Paris Union |
| B. | National Treatment |
| C. | Industrial Policy Act |
| D. | Intellectual property Right |
| Answer» B. National Treatment | |
| 10. |
___________ concentrates on the analysis of market, competition and financial strength of a company. |
| A. | Risk Reward analysis |
| B. | Cost benefit analysis |
| C. | Break even analysis |
| D. | None of the above |
| Answer» C. Break even analysis | |
| 11. |
_______ is an unintented channel of distribution that runs parallel to the planned channel. |
| A. | Bribery |
| B. | Counter feiting |
| C. | Gray Market |
| D. | Black Market |
| Answer» D. Black Market | |
| 12. |
_________ analysis studies the impact of various environmental factors on the marketing mix. |
| A. | Break even analysis |
| B. | Risk reward analysis |
| C. | Cost - benefit analysis |
| D. | Product Analysis |
| Answer» C. Cost - benefit analysis | |
| 13. |
_________ are maximum tariffs imposed by the member countries of WTO. |
| A. | Rates |
| B. | Subsidies |
| C. | Quotas |
| D. | Bound rates |
| Answer» E. | |
| 14. |
The cultural habit of firm hand-shake is associated with the culture of _________ |
| A. | US |
| B. | Middle East |
| C. | Arab countries |
| D. | Japan |
| Answer» B. Middle East | |
| 15. |
_________ is the art and other manifestations of human customs, civilization and the way of life a particular society or group. |
| A. | Culture |
| B. | Trends |
| C. | Business |
| D. | Marketing |
| Answer» B. Trends | |
| 16. |
A separate Bilateral NAFTA on market access for agricultural products with Canada and _________ |
| A. | America |
| B. | Britain |
| C. | Mexico |
| D. | Japan |
| Answer» D. Japan | |
| 17. |
_________ provides a platform for the peoples of South Asia to work together in a spirit of friendship trust and undertaking. |
| A. | OECS |
| B. | ASEAN |
| C. | SAARC |
| D. | NAFTA |
| Answer» D. NAFTA | |
| 18. |
ASEAN was established by the five original member countries are _________ |
| A. | Indonesia, Malaysia, Philippines, Singapore and Thailand |
| B. | India, Malaysia, Bhutan, Singapore, Thailand |
| C. | India, Sri Lanka, Malaysia, Philippines, Thailand |
| D. | India, Sri Lanka, Singapore, Thailand, Malaysia |
| Answer» B. India, Malaysia, Bhutan, Singapore, Thailand | |
| 19. |
The exchange rate system under the IMF came to be known as _________ |
| A. | Gold standard |
| B. | Floating rate |
| C. | SDRS |
| D. | Breton Wood System |
| Answer» E. | |
| 20. |
Holding _________ gives the bearer the option to acquire foreign exchange from the monetary authorities of another member of the IMF |
| A. | SDR |
| B. | Gold standard |
| C. | Credit trench |
| D. | All of the above |
| Answer» B. Gold standard | |
| 21. |
_________ is an arrangement to pay for import of goods and services with something other than cash. |
| A. | Turkey contract |
| B. | Counter Trade |
| C. | Dumping |
| D. | None of the above |
| Answer» C. Dumping | |
| 22. |
The product is sold at a high price in international markets and at a low price in the domestic market is called _________ |
| A. | Reverse dumping |
| B. | Persistent dumping |
| C. | Predatory dumping |
| D. | Sporadic dumping |
| Answer» B. Persistent dumping | |
| 23. |
_________ theory suggests for maintaining favourable balance of trade in the form of import of gold for export of goods and services. |
| A. | Gold standard |
| B. | Mercantilism |
| C. | Non merchantilism |
| D. | Breton wood system |
| Answer» C. Non merchantilism | |
| 24. |
The industrial policy of the Government of India was declared by _________ |
| A. | Indira Gandhi |
| B. | Rajeev Gandhi |
| C. | Narasimha Rao |
| D. | Jawaharlal Nehru |
| Answer» E. | |
| 25. |
_________ consisted of 17 industries and future development of the industry, it is to be excluded responsibility of the state |
| A. | Schedule B |
| B. | Schedule A |
| C. | Schedule D |
| D. | Schedule C |
| Answer» C. Schedule D | |
| 26. |
The organization is said to be when some sudden and unpredictable changes take place is called _________ |
| A. | Changing environment |
| B. | Stable environment |
| C. | Natural environment |
| D. | Turbulent environment |
| Answer» E. | |
| 27. |
_________ is a device used to establish a set of priorities for using the organization s scarce resources |
| A. | Buffering |
| B. | Rationing |
| C. | Smoothing |
| D. | Coalescing |
| Answer» C. Smoothing | |
| 28. |
_________ is an unintended channel of distribution that runs parallel to the planned channel. |
| A. | Gray market |
| B. | Black market |
| C. | Bribery |
| D. | Counterfeiting |
| Answer» B. Black market | |
| 29. |
_________ is the process of convincing the various powerful elements of the environment to act in the favour of the organisations. |
| A. | Coalescing |
| B. | Co-optation |
| C. | Lobbying |
| D. | None of the above |
| Answer» D. None of the above | |
| 30. |
In an organisation, changes occur slowly but threat occurs in cluster is called _________ |
| A. | Placid - clustered environment |
| B. | Placid - rando-mixed environment |
| C. | Disturbed - reactive environment |
| D. | Turbulent field environment |
| Answer» B. Placid - rando-mixed environment | |
| 31. |
________ is a series of bilateral agreement between America, Canada and Mexico |
| A. | SAARC |
| B. | APEC |
| C. | NAFTA |
| D. | ASEAN |
| Answer» D. ASEAN | |
| 32. |
_________ means replacement of existing non-tariff restriction on trade such as import quotas. |
| A. | Tariffication |
| B. | Tariff binding |
| C. | Tariff cuts |
| D. | Reduction in subsidies |
| Answer» B. Tariff binding | |
| 33. |
The import aspects of the UR agreement on agriculture include Tariffication, Tariff binding, Tariff cuts and _________ |
| A. | Tariff |
| B. | Tariff rates |
| C. | Reduction in subsidies and |
| D. | None of the above |
| Answer» D. None of the above | |
| 34. |
The combined package of trade rules and Tariff concessions became known as the _________ |
| A. | WTO |
| B. | GATT |
| C. | NAFTA |
| D. | SAARC |
| Answer» C. NAFTA | |
| 35. |
Creators can be given the right to prevent others from using their inventions, designs or other creations is known as _________ |
| A. | TRIMS |
| B. | TRIPS |
| C. | IPRS |
| D. | GAAT |
| Answer» D. GAAT | |
| 36. |
_________ is the long term contracting out of non-core business processes to an outside to help achieve increased share holder value |
| A. | Contract manufacturing |
| B. | BPO |
| C. | Management contract |
| D. | Turnkey contract |
| Answer» C. Management contract | |
| 37. |
_________ is the application of knowledge which redefine the boundaries of global business. |
| A. | Cultural factors |
| B. | Political factors |
| C. | Social factors |
| D. | Technology |
| Answer» E. | |
| 38. |
When the production of a product is more than the demand in the home country, the stocks piled up even after sales is _________ |
| A. | Persistent Dumping |
| B. | Predatory dumping |
| C. | Intermittent Dumping |
| D. | Anti Dumping |
| Answer» D. Anti Dumping | |
| 39. |
The monopolist sells the remaining production in foreign countries at a low price continuously in _________ |
| A. | Intermittent Dumping |
| B. | Persistent Dumping |
| C. | Predatory Dumping |
| D. | Anti dumping |
| Answer» C. Predatory Dumping | |
| 40. |
India was one of the _________ Governments that become members of the WTO on the first day of the formation of the WTO |
| A. | 56 |
| B. | 96 |
| C. | 76 |
| D. | 103 |
| Answer» D. 103 | |
| 41. |
The North American Free Trade Agreement (NAFTA) came into being on _________ |
| A. | 1 Jan. 1992 |
| B. | 1 March 1996 |
| C. | 1 Jan. 1994 |
| D. | 1 March 1994 |
| Answer» D. 1 March 1994 | |
| 42. |
_________ is expected to eliminate all tariffs and trade barriers among the USA, Canada and Mexico. |
| A. | SAARC |
| B. | ASEAN |
| C. | NAFTA |
| D. | EEC |
| Answer» E. | |
| 43. |
The remaining balance of quota, after drawing 25% of reserve trench is called _________ |
| A. | God Trench |
| B. | Credit trench |
| C. | Quotas |
| D. | Fund lending |
| Answer» C. Quotas | |
| 44. |
The short fall of the member's currency with fund over its quota is called _________ |
| A. | Gold trench |
| B. | Credit trench |
| C. | Reserve trench |
| D. | Quotas |
| Answer» D. Quotas | |
| 45. |
IDA was established primarily to provide finance to less developed member countries on a _________ basis. |
| A. | Credit |
| B. | Soft loan |
| C. | Debit |
| D. | Hard loan |
| Answer» C. Debit | |
| 46. |
__________ means each nation shall be treated as well, as the most favoured nation. |
| A. | GATT |
| B. | MFN |
| C. | FTZ |
| D. | TRRM |
| Answer» C. FTZ | |
| 47. |
_______ is the process of convincing the various powerful elements of the environment to act in the favour of the organisations. |
| A. | Coalescing |
| B. | Cooptation |
| C. | Lobbying |
| D. | Procurement |
| Answer» D. Procurement | |
| 48. |
__________ is a set of traditional beliefs and values which are passed and shared among different societies |
| A. | Cultural environment |
| B. | Social environment |
| C. | Socio - cultural environment |
| D. | Economic |
| Answer» D. Economic | |
| 49. |
__________ conference of 1944 suggested institutional arrangements to undertake post wear reconstruction of global economy. |
| A. | Urugay Round Agreement |
| B. | Narasimham Committee |
| C. | Brotton woods |
| D. | Hilton Young Commission |
| Answer» D. Hilton Young Commission | |
| 50. |
Two or more organisations may merger their organisations to have better control over the environment as various resources are pooled together is __________ |
| A. | Cooptation |
| B. | Lobbying |
| C. | Agreement |
| D. | Coalescing |
| Answer» E. | |