Business Studies Class 12 Chapter 3 MCQ :- Welcome guys In another Blog Of Exam Notes Hub today we provide Business Environment MCQ Questions Class 12 and this Questions is important for Your CBSE exam And also MCQ of Business Study Chapter 3 class 12 Is Important for those students who want to crack there CUET Exam so Business Studies Class 12 Chapter 3 MCQ is important and we also provide Free PDF of CBSE Business Studies MCQ for Class 12 with Answers Chapter 3 Business Environment . Business Studies MCQs for Class 12 Chapter 3
Business Environment MCQ Questions Class 12 | Business Studies Class 12 Chapter 3 MCQ
Business Studies MCQs for Class 12, Chapter wise with solutions with free study material is an important notes for students who wants to score good grades in their CBSE Exams. Student can learn Business Studies Class 12 Chapter 3 MCQ of Class 12 Business Studies Multiple Choice Questions along with answers to get higher Marks in there Exam so are we provide Top 20 Important Questions For Business study Class 12 chapter 3
Business Studies Class 12 Chapter 3 MCQ
Question :- What is the definition of Business Environment?
- A collection of all internal factors of an organization.
- A collection of all external factors of an organization.
- The financial conditions of a business.
- The organizational culture of a business.
Correct Answer: b) A collection of all external factors of an organization.
Question:-Which of the following is NOT a feature of Business Environment?
- Dynamic Nature
- Stable Conditions
- Relativity
- Uncertainty
Correct Answer: b) Stable Conditions
Which dimension of Business Environment includes technological advancements and shifts in consumer preferences?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: b) Technology
Which of the following is NOT a factor in the micro environment of a business?
- Customers
- Suppliers
- Economy
- Competitors
Correct Answer: c) Economy
The concept of “STEEP” is associated with analyzing which aspect of the Business Environment?
- Social factors
- Technological factors
- Economic factors
- Political and Legal factors
Correct Answer: d) Political and Legal factors
What does “Man” represent in the 6 M’s of the internal environment?
- Money
- Machinery
- Marketing Resources
- Human Resource
Correct Answer: d) Human Resource
What is the primary significance of the “First Mover Advantage” in Business Environment?
- It focuses on financial factors.
- It emphasizes competitive analysis.
- It encourages adapting to technological changes.
- It helps in exploiting opportunities before competitors.
Correct Answer: d) It helps in exploiting opportunities before competitors.
Which aspect of the Business Environment deals with the economic conditions of a country?
- Technological Environment
- Economic Environment
- Socio-Cultural Environment
- Political and Legal Environment
Correct Answer: b) Economic Environment
The availability of skilled labor in a specific area is influenced by which aspect of the Business Environment?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: a) Socio-Cultural and Demographics
Which element of the Business Environment refers to the systematic application of scientific knowledge to practical tasks?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: b) Technology
What does the macro environment primarily focus on?
- Internal factors of an organization
- Factors in the company’s immediate environment
- Factors outside the company’s boundaries
- Socio-Cultural factors
Correct Answer: c) Factors outside the company’s boundaries
Which aspect of the macro environment involves analyzing the political institutions and ideologies?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Political and Legal
Correct Answer: d) Political and Legal
The influence of cultural values, lifestyles, and traditions on business operations is related to which aspect of Business Environment?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: a) Socio-Cultural and Demographics
Which factor is considered an internal force of the micro environment?
- Customers
- Economic Conditions
- Political Environment
- Technological Changes
Correct Answer: a) Customers
Which component of the internal environment includes the principles of right and wrong accepted by an individual or organization?
- Human Resource (MAN)
- Financial Factors (MONEY)
- Value System
- Marketing Resources
Correct Answer: c) Value System
Which of the following is NOT a factor of the internal environment’s “6 M’s”?
- Money (Financial Factors)
- Management Structure and Nature
- Media
- Machinery (Physical Assets)
Correct Answer: c) Media
The economic conditions of a country include factors like GDP, per capita income, and availability of capital. Which aspect of the Business Environment does this refer to?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: c) Economic Conditions
Which aspect of the Business Environment refers to geographical and ecological factors that influence business operations?
- Socio-Cultural and Demographics
- Technology
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: d) Ecology and Physical Environment
The political system, government policies, and their attitude towards business fall under which aspect of the Business Environment?
- Technology
- Political and Legal
- Economic Conditions
- Ecology and Physical Environment
Correct Answer: b) Political and Legal
What is the main focus of analyzing the macro environment in business?
- Internal factors of an organization
- Factors related to customers
- External factors beyond company boundaries
- Economic conditions of the country
Correct Answer: c) External factors beyond company boundaries
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Conclusion : Business Studies Class 12 Chapter 1 MCQ
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