Aryabhatta Knowledge University: Question Bank

ARYABHATTA KNOWLEDGE UNIVERSITY: QUESTION BANK
Course: BBA Semester: II

Paper: Business Paper
& Organ. Code:201
Environment
Section A: Very Short Answer / Multiple Choice Questions Marks: 2 marks each
1) Prevention and control of environmental pollution is a /an:

A. Economic objective of business. B. Social objective of
business C. National objective of business. D. Human objective of
business.
2) Which of the following is not a feature of business .
A. Exchange of goods and service. B. Exchange on a regular basis.

C. Risk and uncertainties. D. Work for others.
3) The maximum number of members in case of a private limited company is
A. Ten B. Twelve.
C. Fifty D. Not fixed.
4) Consumers Co-operative Societies are formed to

A. Provide housing facilities to the members. B. Facilitate marketing of goods.
C. Protect the interest of the consumers. D. Provide financial support to
the members.
5) The shops which are owned by the same proprietor and located in different
parts of the city or country are known as:
A. Departmental store. B. Super bazar.
C. Multiple shops. D. Mail order business
6)Business activity includes
A Exchange of goods B) Transfer of goods

C)Production of goods and services
7)Cartel defines
A) A group of some firms in oligopoly acting together
B) A group of some persons working together .
C) A group of some committees working together .
8) Environmental analysis refers to

A) General economic situation
B) General social situation
C)All external and internal factors
9) Globalisation removes
A)Political Barriers B) Geographical
environment
C)All other barriers D) All of the above
10) Business environment represent

A) External and internal factor B)Economic factor
C) Social factor
11) Micro environment refers to

A)Factors which are general for all organisation
B) Factors which are specific to a organisation
12) Macro Environment refers to

A) All factors that are specific in their nature
B) All factors that are general in their nature
13) SWOT
A) Strength Weakness Opportunity Threat
B) Solution Weakness Opposition Termination
C) Strength Weakness Opportunity Termination
Fill in the blanks :
a) A partner firm requires at least --------------- person .
b) The partners are liable ---------------- and ---------------- for all the debts
and obligations of the firm .
c) There exist a ------------- relationship between partners .
d) The persons who owned the partnership business are individually
called ------------ and collectively called ----------------
e) A company has a ------------------- existence .
f) A company is managed by ........................
g) When the area of operation of a business is ........................
h) A cooperative society is a ......................... life .
i) Membership of a cooperative is .....................
j) A cooperatives primary motive is ....................
k) The minimum membership to get a cooperative registered is ...............
Section B: Short Answer Questions Marks: 4 marks
1 Mention any four qualities of a successful businessman .

2 State any four forms of business organisations.
3 Give the meaning of unlimited liability .
4 Mention four types of co-operative societies .
5 What is a private limited company ?
6 What is prospectus of a company .
7 Mention four environmental legislations in India .
8 What is micro environment of business .
9 What is capitalism .
10 Discuss the doctrine of implied authority .
11 Explain the method of operations of MNC .
12 What are the differences in between public limited and private ltd
company .
13 What are the limitations of Environmental Analysis .
14 Define and explain primary secondary and tertiary sectors of the
economy .
15 How does business activity combine human , physical , and financial
resources to create goods and services .
16 What are the main functions of Business .
17 What are the reasons for people to set up a business .
18 How exactly a potential entrepreneur identify a market opportunity .
19 Define the term 1. Sole Trader
2. Partnership
3. Private ltd company
4. Public ltd company
5. Corporations
20 Establish the relationship in between Trade , Commerce , and Industry .
21. Discuss the advantages and disadvantage of sole tradership .
22. Describe the term cartel and pool .
23. What are the advantages and disadvantages of cartel and pool .
24. What is a business combination ?
25. Business combination lead to monopoly . explain briefly .
26. Distinguish between horizontal and vertical integration .
27. Give the comparative merits and demerits of horizontal and vertical
combination .
28. What factors have contributed towards the development of business

combination .
29 . Briefly Discuss the various types of meeting held in an organisation .
30 . DEFINE : Board of Directors .
Statuary Meeting
31. Discuss the role of shareholders in a company and management .
32. Define business environment with its various types .
33 . What are the components of political environment .
34 How legislations affect business environment .
35. Explain the role of Technological environment on business

organisation development .
36 . Define direct environmental forces and indirect environmental forces .
37. Explain mixed economy in about 100 words .
38. What do you understand by the term parliamentary legislation .
39. Mention the features of parliamentary system .
40. What are the components of technological environment .
Section C: Long Answer Questions Marks: 12 marks each
1.Explain the economic and national objective of business.
2.Explain in detail various kinds of partnership .
3.Discuss the influence of socio - cultural environment on business .
4.Discuss the features of consumer protection act 1986 .
5.How is joint stock company incorporated ? Explain the different stages

of formation of a company .
6. Write anessay on control of monopoly in INDIA .
7. Give a brief on various types of economic system.

8 Define business system and economic system . Is business system is a
part of economic system .
9.Define the term business environment with its dimensions .
10. Discuss Briefly economic and non –economic environment of a business

.
11. Explain the role of judiciary , executory and legislature.
12.Give a brief on strategies and evaluation of current five year plan .
13.Establish relationship between Industrial licencing and Industrial policy .
14.”Business is an open system “ Comment upon this statement and

discuss the nature of interaction between the business system and its
environment .
15 “Business is an economic institution operating in a socio political

environment . Do you agree comment .
16. What is the impact of technology on environment .
17. Discuss the problems in transfer of technology .
18. Give a brief on DIRECTIVE PRINCIPLES OF STATE POLICY.
19. Mention the fundamental rights .
20 . What necessitated the adoption of New Economic Policy in India? What

were the objective and how far these objectives have been fulfilled ?
21. What are the important feature of Indian culture and value system? How
does the culture effect the business?
22. Describe the factors to be considered while selecting an appropriate

technology and also underline the problems associated with it.
23. Describe briefly the changing role of public sector and private sector in the
shaping the economic destiny of India.
24. Point out the important characteristics of macro environment and

distinguish it from micro environment.
25. Environment scanning should provide input to strategic decision making”

Elaborate.
26. What is the historical background of Economic planning in INDIA .
27. Write an essay on consumer movement .
28. What are the main features of environment protection act .
29. What is the impact of technology on business development .
30. Discuss the role of shareholders in company management and

administration .
31. How can we assume genuine democracy in company management .
32. Comment on the power duties and appointment of the managing

director.
33. Discuss the structure of management usually adopted by companies in

Business .
34. Comment on the agencies of the company management .
35. What is a trust ? Explain the organisation and working of a trust .
36. Distinguish between cartel and a trust .
37. How will you control the evil of monopoly coming out of Combination
movement .
38. What are the advantages and disadvantages of Division of labour .
39. Define Scientific management with its characteristics .
40. What are the advantages and disadvantages of Scientific management .

Aryabhatta Knowledge University: Question Bank

Uploaded by

Copyright:

Available Formats

Aryabhatta Knowledge University: Question Bank

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Aryabhatta Knowledge University: Question Bank

Uploaded by

Copyright:

Available Formats

ARYABHATTA KNOWLEDGE UNIVERSITY: QUESTION BANK

Course: BBA Semester: II

1) Prevention and control of environmental pollution is a /an:

2) Which of the following is not a feature of business .

A. Exchange of goods and service. B. Exchange on a regular basis.

3) The maximum number of members in case of a private limited company is

4) Consumers Co-operative Societies are formed to

A Exchange of goods B) Transfer of goods

8) Environmental analysis refers to

10) Business environment represent

11) Micro environment refers to

12) Macro Environment refers to

Section B: Short Answer Questions Marks: 4 marks

1 Mention any four qualities of a successful businessman .

20 Establish the relationship in between Trade , Commerce , and Industry .

21. Discuss the advantages and disadvantage of sole tradership .

22. Describe the term cartel and pool .

24. What is a business combination ?

25. Business combination lead to monopoly . explain briefly .

26. Distinguish between horizontal and vertical integration .

28. What factors have contributed towards the development of business

29 . Briefly Discuss the various types of meeting held in an organisation .

30 . DEFINE : Board of Directors .

32. Define business environment with its various types .

33 . What are the components of political environment .

34 How legislations affect business environment .

35. Explain the role of Technological environment on business

36 . Define direct environmental forces and indirect environmental forces .

37. Explain mixed economy in about 100 words .

38. What do you understand by the term parliamentary legislation .

39. Mention the features of parliamentary system .

40. What are the components of technological environment .

Section C: Long Answer Questions Marks: 12 marks each

1.Explain the economic and national objective of business.

2.Explain in detail various kinds of partnership .

3.Discuss the influence of socio - cultural environment on business .

4.Discuss the features of consumer protection act 1986 .

5.How is joint stock company incorporated ? Explain the different stages

6. Write anessay on control of monopoly in INDIA .

7. Give a brief on various types of economic system.

9.Define the term business environment with its dimensions .

10. Discuss Briefly economic and non –economic environment of a business

11. Explain the role of judiciary , executory and legislature.

12.Give a brief on strategies and evaluation of current five year plan .

13.Establish relationship between Industrial licencing and Industrial policy .

14.”Business is an open system “ Comment upon this statement and

15 “Business is an economic institution operating in a socio political

16. What is the impact of technology on environment .

17. Discuss the problems in transfer of technology .

18. Give a brief on DIRECTIVE PRINCIPLES OF STATE POLICY.

19. Mention the fundamental rights .

20 . What necessitated the adoption of New Economic Policy in India? What

22. Describe the factors to be considered while selecting an appropriate

24. Point out the important characteristics of macro environment and

25. Environment scanning should provide input to strategic decision making”

26. What is the historical background of Economic planning in INDIA .

27. Write an essay on consumer movement .

28. What are the main features of environment protection act .

29. What is the impact of technology on business development .