Business Environment And International Business - Study Mode
[#446] Match the following. List-I List-II a. Social factors 1. Increment and reduction in price of fuel b. Political factors 2. Primary function of business c. Economic factors 3. Customs, traditions and assumptions d. Analysis of needs and interest of customers 4. Industrial policy of government
Correct Answer
(B) a-3, b-4, c-1, d-2
[#447] According to which of the following management thinkers, business environment is defined as total of all things external to firms and industries which effect their organization and operations?
Correct Answer
(A) Arthur M. Welmer
[#448] Suppose a Mexican firm imports bananas at $ 1000 and sells them for $ 2000. The effect on GDP would be that:
Correct Answer
(D) the GDP will increase by $ 1000
[#449] What is not the advantage of SEZ?
Correct Answer
(B) diversion of large tracts of farm land
[#450] Which of the following does not fall within the jurisdiction of MRTP Commission?
Correct Answer
(D) Regulation of combinations