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

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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?

1. A collection of all internal factors of an organization.
2. A collection of all external factors of an organization.
3. The financial conditions of a business.
4. 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?

1. Dynamic Nature
2. Stable Conditions
3. Relativity
4. Uncertainty

Correct Answer: b) Stable Conditions

Which dimension of Business Environment includes technological advancements and shifts in consumer preferences?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. Ecology and Physical Environment

Correct Answer: b) Technology

Which of the following is NOT a factor in the micro environment of a business?

1. Customers
2. Suppliers
3. Economy
4. Competitors

Correct Answer: c) Economy

The concept of “STEEP” is associated with analyzing which aspect of the Business Environment?

1. Social factors
2. Technological factors
3. Economic factors
4. Political and Legal factors

Correct Answer: d) Political and Legal factors

What does “Man” represent in the 6 M’s of the internal environment?

1. Money
2. Machinery
3. Marketing Resources
4. Human Resource

Correct Answer: d) Human Resource

What is the primary significance of the “First Mover Advantage” in Business Environment?

1. It focuses on financial factors.
2. It emphasizes competitive analysis.
3. It encourages adapting to technological changes.
4. 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?

1. Technological Environment
2. Economic Environment
3. Socio-Cultural Environment
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. Ecology and Physical Environment

Correct Answer: b) Technology

What does the macro environment primarily focus on?

1. Internal factors of an organization
2. Factors in the company’s immediate environment
3. Factors outside the company’s boundaries
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. Ecology and Physical Environment

Correct Answer: a) Socio-Cultural and Demographics

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Which factor is considered an internal force of the micro environment?

1. Customers
2. Economic Conditions
3. Political Environment
4. 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?

1. Human Resource (MAN)
2. Financial Factors (MONEY)
3. Value System
4. Marketing Resources

Correct Answer: c) Value System

Which of the following is NOT a factor of the internal environment’s “6 M’s”?

1. Money (Financial Factors)
2. Management Structure and Nature
3. Media
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. 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?

1. Socio-Cultural and Demographics
2. Technology
3. Economic Conditions
4. 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?

1. Technology
2. Political and Legal
3. Economic Conditions
4. Ecology and Physical Environment

Correct Answer: b) Political and Legal

What is the main focus of analyzing the macro environment in business?

1. Internal factors of an organization
2. Factors related to customers
3. External factors beyond company boundaries
4. 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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