Business Environment And Law - Business Environment

Avatto > > CS foundation > > PRACTICE QUESTIONS > > Business Environment And Law > > Business Environment

1. Which of the following is not a business opportunity generated by Globalisation?

A
Access to low-cost labor
B
Cheap International Transport
C
Currency Crisis
D
Less stringent regulations of the Business Environment

Answer
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Option : C
Explanation :

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2. The sale of sub-standard and hazardous goods under defined conditions constitute

A
Restrictive Trade Practice
B
Unfair Trade Practice
C
MRTP
D
None of these

Answer
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Option : A
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3. -------- is a social movement seeking to augment the rights and powers of buyers.

A
Consumer Movement
B
Consumerism
C
Flows
D
None of these

Answer
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Option : B
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4. Secondary screening involves

A
An external environmental analysis
B
Risk analysis
C
External environment analysis and risk analysis
D
A competitor analysis

Answer
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Option : C
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5. What does the PPP or P3 initiative refer to?

A
Public Policy Papers
B
Public-Private Partnership
C
Private Procurement Production
D
Personal Production Proposal

Answer
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Option : B
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