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MCQ Questions for CBSE Class 12 with Answers
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Business Environment Class 11 MCQ Questions With Answers
1.
An organisational structure outlines the roles and responsibilities of each member of a business. True or False?
True
False
2.
Consistently monitoring similar businesses is an appropriate action to remain competitive. True or False?
True
False
3.
Which factor of the External Operating Environment is affected when a rival business makes changes to its product or pricing?
Customers
Competitors
Suppliers
Interest Groups
4.
The four factors contributing to the External (Operating) Business Environment include:
Owners/Management, Employees, Organisational Culture, Organisational Structure
Customers, Clients, Suppliers, Distributors
Employees, Employers, Customers, Clients
Customers, Competitors, Suppliers, Interest Groups
5.
Which of the following is NOT a type of interest group?
Professional Association
Government
Trade Union
Public Interest Group
6.
Shared beliefs, values, expectations, attitudes and behaviours are all examples of which Internal Environmental factor?
Owner/s/Management
Employees
Organisational Structure
Organisational Culture
7.
Which is NOT included in the STEEPLE Macro Environment?
Socio-Cultural Factors
Ethical Factors
Diversity Factors
Political Factors
8.
The way a Business divides, organises and coordinates its activities is an example of which Internal Environmental factor?
Owner/s/Management
Employees
Organisational Structure
Organisational Culture
9.
The three inter-related environments that impact a business include:
Internal, Micro, and Legislation
Internal, External, and Operations
Internal, External Operating, and Socio-cultural
Internal, External Operating, and External Macro
10.
Establishing a strong customer base, gaining loyalty, and building relationships are all examples of which External Operating factor?
Customers
Competitors
Suppliers
Interest Groups
11.
What is important in the relationship that a business develops with its suppliers?
Reliability
Cost Effectiveness
Positivity
All of the above
12.
What are the four factors contributing to the Internal Business Environment?
Customers, Competitors, Suppliers, Interest Groups
Customers, Clients, Suppliers, Distributors
Employees, Employers, Customers, Clients
Owners/Management, Employees, Organisational Culture, Organisational Structure
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