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Business Environment and International Business MCQ Questions and Solutions with Explanations | Commerce

Business Environment and International Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business Environment and International Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-9 section-1

Each section contains 100 MCQs on Business Environment and International Business .
81
Which of the following is deemed to be a very important factor that provides competitive advantage to a business organization?
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Answer & Solution
Answer: Option A
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82
The components of WTO are
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Answer & Solution
Answer: Option D
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83
Match the items of List I with List II and indicate the correct matching.
List-I List-II
a. Micro external environment 1. Economic and political factors
b. Macro external environment 2. Competition among diverse products targetting disposable income of consumers
c. Non-price competition 3. Input suppliers
d. Desire competition 4. Sponsoring of events like sports
Discuss
Answer & Solution
Answer: Option A
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84
Match items of List I with List II relating to macro environment of business and indicate the correct matching.
List-I List-II
a. Economic environment 1. Ethical issues
b. Political and government 2. Trade and transport policies environment
c. Socio-cultural environment 3. Economic stratification of population
d. Demographic environment 4. Judiciary powers
Discuss
Answer & Solution
Answer: Option A
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85
Which one of the following is the main government agency responsible for development and monitoring international trade in India?
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Answer & Solution
Answer: Option C
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86
Match the items of List I with the items of List-II and choose the correct answer:
List-I List-II
a. Balance of trade 1. Imports and exports of goods and services and unilateral transfer of goods and services
b. Current account 2. Transactions leading to changes in the financial assets and liabilities of a country
c. Balance of payments 3. All economic transactions between a country's residents and residents of other countries
d. Capital account 4. Value of exports and imports of a country
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Answer & Solution
Answer: Option A
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87
The apex consumer court in India is refered to as
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Answer & Solution
Answer: Option C
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88
Which of the following is not the agency of World Bank?
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Answer & Solution
Answer: Option C
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89
Internal environment of a business includes
1. Business ethics and moral standards.
2. Business and managerial policies.
3. Prospects of business development.
4. Government rules and regulations.
5. Industrial relations.
Select the correct answer:
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Answer & Solution
Answer: Option D
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90
If a country has a floating (flexible) exchange rate, which one of the following would lead to a fall (depreciation) in the rate of exchange for its currency into the economy?
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Answer & Solution
Answer: Option C
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