Overview of Business MCQ-1[Management]

  • Business is a function to generate finance , Employment and improvement of economics, any business the main objective is to sell the product or service.
  • For a better business a better management is necessary.

 

Q.1 Industrial Sector involves





ANSWER= (D) All of these

 

Q.2 BPO Stands for





ANSWER= (A) Business process outsourcing

 

Q.3 Which of the following is not the objective of the business ?





ANSWER= (B) Investment

 

Q.4 Which of the following are known as business services ?





ANSWER= (B) Auxiliaries to trade

 

Q.5 GATT stands for





ANSWER= (C) General agreement on Tariffs and Trade

 

Q.6 GATT was created in





ANSWER= (C) 1947

 

Q.7 LPO Stands for





ANSWER= (A) Legal process outsourcing

 

Q.8 Which one of the following is not a feature of business environment?





ANSWER= (B) Stability

 

Q.9 Which among these is a service business?

    SBTE 2019




ANSWER= (B) Counseling Business

 

Q.10 Which among these is not a manufacturing business?

    SBTE 2019




ANSWER= (C) Hair dressing Business

 

Q.11 Types of business





ANSWER= (D) All of these

 

Q.12 KPO Stands for





ANSWER= (A) Knowledge Process Outsourcing

 

Q.13 The important element in business is

    SBTE 2020




ANSWER= (A) Risk

 

Q.14 WTO stands for





ANSWER= (B) World Trade Organization

 

Q.15 Banker’s Cheque is also known as





ANSWER= (C) Pay Order

 

Q.16 A company cannot come into existence without





ANSWER= (C) Certificate of incorporation

 

Q.17 ITO stands for





ANSWER= (C) International Trade Organization

 

Q.18 Which one of the following processes is not a part of textile industry?





ANSWER= (C) Polishing

 

Q.19 What plays an important role in the Indian textile industry





ANSWER= (A) Cotton

 

Q.20 Service sector is also known as





ANSWER= (A) Tertiary sector

Related Link Management MCQs

S.NOMCQSET-1SET-2
1BASICCLICK CLICK
2OVERVIEW OF BUSINESS CLICKCLICK
3ORGANIZATIONAL MANAGEMENTCLICKCLICK
4HUMAN RESOURCE MANAGEMNTCLICKCLICK
5FINANCIAL MANAGEMENTCLICKCLICK
6MATERIALS MANAGEMENTCLICKCLICK
7PROJECT MANAGEMENTCLICKCLICK
8INTERVIEW QUESTIONCLICKCLICK

S.NoSETS
1SET-1
2SET-2
3SET-3
4SET-4
5SET-5
6SET-6
7SET-7
8SET-8
9SET-9
10SET-10
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