COM 11031 - BUSINESS ENVIRONMENT

CLASS ROOM ASSIGNMENT

NAME
REG.NO:......................

17 Matching questions

A. Continious Inovation is a
1. economic activities

B. ensure safety of credit allowed by them is a

2. Responsibility of owners and Investors in
business
C. Lead to creation of wealth and assets is a

3. Responsibility of suppliers in business

D. Activities, which are performed with an objective
to earn money, are known a
4. Responsibility towards customers in business

E. not to indulge in corruption through bribing and

5. National Objectives of business
other unlawful activities is a

6. Outcome of economic activity F. Self sufficiency and Export promotion is a

7. Economics Objectivesof business G. Activities, which are not performed to earn money
but to get some satisfaction, are called
8. Purpose of non economic activity
H. Regular exchange of goods and services is a
9. Responsibility of creditors in business
I. People expect profits or money income is a
10. Global Objectives of business
J. Creation of Customers is a
11. Responsibility of employees in business
K. giving regular orders for purchase of goods is a

12. essential characteristics of business

L. price of the goods and services should be

13. Expectation of economic activity reasonable and affordable is a

M. ensuring safety of their investment is a

14. Responsibility of government in business

N. better living conditions like housing, transport,

15. Economics Objectives of business
canteen, crèches are

16. non-economic activities

O. They are motivated by emotional and sentimental
reasons. No economic consideration is involved.
17. Consideration of non economic activity

P. Social and Psychological motive is a

Q. Reduce Disparities among Nations is a

17 Multiple choice questions

1. generating employment is a

A. Responsibility of government in business

B. Responsibility of society in business

C. Responsibility of owners and Investors in business

D. Responsibility of suppliers in business

2. conserving natural resources and wildlife is a

A. Responsibility of society in business

B. Responsibility of suppliers in business

C. Social Objectives of business

D. Responsibility of owners and Investors in business

3. regular and fair return on capital invested is a

A. Responsibility of owners and Investors in business

B. Responsibility of suppliers in business

C. Responsibility of employees in business

D. Responsibility towards customers in business

4. providing assistance in the field of developmental research on education, medical science, technology is a

A. Responsibility of society in business

B. Responsibility of suppliers in business

C. Responsibility of employees in business

D. Social Objectives of business

5. which activities are performed to discharge social obligation or for physical fitness or for recreation

A. economic activities

B. non-economic activities

C. Non economic activity

D. Economics Objectives of business

6. They are guided by rational consideration as they involve the use of scare economic re- sources such as
land, labour, capital etc.

A. Responsibility towards customers in business

B. Consideration of economic activity

C. Responsibility of employees in business

D. Responsibility of competitors in business

7. it refers to an occupation, which requires specialized knowledge and training to pursue it and primary
objective of every profession is to provide service

A. economic activities

B. Social responsibility

C. Employment

D. profession

8. it have a code of conduct developed by the concerned professional body

A. professionals

B. Social objectives

C. economic activities

D. Business

9. Production of Social Justice is a

A. Human Objectives of business

B. National Objectives of business

C. Outcome of non economic activity

D. Economics Objectives of business

10. Raise General Standard of Living is a

A. Human Objectives of business

B. Social Objectives of business

C. Global Objectives of business

D. Responsibility of society in business

11. regular payment of interest is a

A. Responsibility of competitors in business

B. Responsibility of creditors in business

C. Responsibility of government in business

D. Responsibility of owners and Investors in business

12. ......................................... implies that a businessman should not do anything harmful to the society in course of
his business activities.

A. interest groups

B. The amount of capital

C. Social responsibility

D. economic activities
13. Well being of Socially and Economically Backward People is a

A. Human objectives

B. Social Objectives of business

C. Global Objectives of business

D. Human Objectives of business

14. Lead to satisfaction and happiness is a

A. Purpose of economic activity

B. Expectation of non economic activity

C. Purpose of non economic activity

D. Outcome of non economic activity

15. helping the weaker and backward sections of the society is a

A. Responsibility of society in business

B. Responsibility of employees in business

C. Responsibility of suppliers in business

D. Responsibility of creditors in business

16. here must be proper after-sales service which is

grievances of the consumers, if any, must be settled quickly which is

A. Responsibility of owners and Investors in business

B. Responsibility towards customers in business

C. Responsibility of government in business

D. Responsibility of suppliers in business

17. Contribution to the Genaral Welfare of the Society is a

A. National Objectives of business

B. Social Objectives of business

C. Global Objectives of business

D. Responsibility of society in business

16 True/False questions

1. which activities are undertaken to earn money → Non economic activity

True

False
2. all the advantages and disadvantages of the product as well as procedure to use the products must be
informed to the customers is a → Responsibility of government in business

True

False

3. Economics well being of the employees is a → Social Objectives of business

True

False

4. People visiting places of worship, providing relief to the victims of flood and earthquake, engaging in
sports activities, gardening, listening to radio or watching television are few examples of → non-economic
activities

True

False

5. Development of Human Resource is a → Human Objectives of business

True

False

6. Social and Phychological Statisfaction of employees is a → Human Objectives of business

True

False

7. Sale or exchange of goods and services is a → essential characteristics of business

True

False

8. Make available Globally competitive Goods and services is a  → Global Objectives of business

True

False

9. Production and Supply of Quality Goods and Services is a  → Global Objectives of business

True

False

10. it refer to the objectives aimed at the well-being as well as fulfillment of expectations of employees as also
of people who are disabled, handicapped and deprived of proper education and training → Human
objectives

True

False
11. Production According to National Priority is a  → Human Objectives of business

True

False

12. it help businessmen not only to earn their living but also to expand their business activities by reinvesting a
part of the profits → Innovation

True

False

13. there must be regularity in supply of goods and services is a → Responsibility of employees in business

True

False

14. preserving and promoting social and cultural values is a → Responsibility of society in business

True

False

15. People don't expect profits or money income is a → Responsibility of creditors in business

True

False

16. Contribute to the Revenue of the Country is a  → Global Objectives of business

True

False