Business Environment And Law - Business Environment

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

6. Which of the following is not derived from globalization?

A
The fragmentation of consumer taste between countries
B
The competitive process
C
The need to gain economies of scale
D
None of these

Answer
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Option : A
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7. Analyzing process of change in the Business environment involves conceptualizing it as -

A
Diverse
B
Complex
C
Dynamic
D
Static

Answer
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Option : C
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8. The --------- economy is not planned, controlled or regulated by the Government

A
Closed Economy
B
Mixed economy
C
Free market economy
D
None of these

Answer
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Option : C
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9. What does the PFI initiative refer to?

A
Private Finance Initiative
B
Private Fiscal Initiative
C
Public Financial Initiative
D
Private Foundation Investment

Answer
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Option : A
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10. ---------- is the apex body of the economic planning in India

A
Planning Commission
B
Parliament
C
Supreme Court
D
None of these

Answer
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Option : A
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