Question 1

__________ feature of business environment states that various factors of business environment affect each other.

Accepted Answer

A) Pervasive 
B) Continuous 
C) Dynamic 
D) Interrelatedness

Question 2

____________ environment is very significantly influenced by the world trade organization principles and agreements.

Accepted Answer

A) Economic 
B) Global 
C) Legal 
D) Political

Question 3

_______is the primary motive for a business enterprise

Accepted Answer

A) Profit 
B) Maximize customers 
C) Human objective 
D) Maximize suppliers

Question 4

Which of the following is not an economic activity

Accepted Answer

A) A doctor practicing 
B) A lawyer practicing law 
C) A professional cricketer playing cricket 
D) A student playing cricket

Question 5

Fundamental Rights have no value without….

Accepted Answer

A) Right to Freedom 
B) Right to Freedom of Religion 
C) Right to Constitutional Remedies 
D) Right to Property

Exam 3: Business Environment and Related Concepts

__________ feature of business environment states that various factors of business environment affect each other.