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16. The concept of firms 'license to operate' refers to
A legal requirement for company registration
An agreement recognizing trade unions
The need for a firm to retain its legitimacy in the eyes of the public
The qualification needed company directors
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17. Globalization refers to
A more integrated and inter-dependent world
Lower-income worldwide
Less foreign trade and investment
Global warming
18. The macro-environment consists of
cultural forces
technological forces
demographic forces
All of the above
19. In the Indian context, the emphasis on import substitution often run counter to ---------
the objective of managerial development
the objective of Sports development
the objective of Skill development
the objective of Technological development
20. What do you mean by DGTD?
Director-General of Trade Development
Director-General of Total Development
Director-General of Technical Development
None of these
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