Business Environment(Commerce ) Questions and Answers
Question 1. A set of guidelines for maintaining ethics in the workplace
Code of Ethics
Code of Conduct
Integrity
Code of Honor
Explanation:-
Answer: Option A. -> Code of Ethics
Question 2. What is Ethics to do with?
Business
The wider community
Right and wrong
Nothing
Explanation:-
Answer: Option C. -> Right and wrong
Question 3. Which of the following terms is defined as “conduct based on or authorized by law which is established by society to maintain order and protect people and property from harm?”
Moral behavior
Legal behavior
Ethical behavior
Mannerly behavior
Explanation:-
Answer: Option B. -> Legal behavior
Question 4. Business works in isolation
Yes
No
Can’t say
None of these
Explanation:-
Answer: Option B. -> No
Question 5. An example of an internal environmental factor is
Legal issues eg consumer law
Suppliers
Employees
Competitors
Explanation:-
Answer: Option C. -> Employees
Question 6.
uncertainty
employees
relativity
complexity
Explanation:-
Answer: Option B. -> employees
Question 7. Approval body for plans in India
National Development Council
Planning Commission
Prime Minister
President of India
Explanation:-
Answer: Option A. -> National Development Council
Question 8. The theory of survival of fittest is formulated by
Charles Darwin
Richard Dawkin
Abraham Maslow
Henry Fayol
Explanation:-
Answer: Option A. -> Charles Darwin
Question 9. NITI Aayog’s core concept is
Completion among states
Cooperative federalism
Federal union
States’ autonomy
Explanation:-
Answer: Option B. -> Cooperative federalism
Question 10. Regional imbalances in India are largely due to
