Business Environment Unit 3 and 4

which of the following are institutions of political environment?

• Legislature
• Assembly
• Judiciary
• all
• none

Which of the following is not function of state?

• Maintaining basic level of defence
• Ensuring implementation of law
• ensuring property rights
• giving salary to every citizen

Promotional Role of government include

• Promoting business
• Promoting health
• promoting employees

Entrepreneurial role of government includes

• Government acting as a promoter
• government passing the rights to private companies
• government boosts business by providing subsidies

Fundmaental rights of citizen include

• right to equality
• right to freedom of speech
• right against exploitation
• all

State intervention refers to interference by state in business activities in order to maintain stable growth.

• True
• False

The political system came into existence on

• 26/1/1950
• 15/8/1947

The socio cultural envionment doesn’t include

• social customs
• political stability
• work ethics
• family structure

culture refers to

• the choice of region
• the complex knowledge of civilization
• the complex knowledge of single human being
• work ethics

Which of the following is not the impact of culture.

• strong brand value
• attracting talent
• relieving talent
• organizational success