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Class 12 Business Environment worksheet
CBSE Business Studies. Meaning, features and importance of the business environment, specific and general forces, and its economic, social, technological and legal dimensions. Every sheet has 20 questions in three sections and an answer key, and the numbers change every time.
Sample questions
Real questions from this chapter, as the app sets them. Tap Answer to see the answer and working.
Section A · multiple choice
- 1.
The total of all individuals, institutions and forces outside a business that affect it is the:
- business plan
- management
- business organisation
- business environment
Answer
(d) business environment
- 2.
What is meant by “first mover advantage”?
- the gain from being first to use an opportunity
- new methods, inventions and techniques
- laws, rules and court orders
- interest rates, inflation, incomes and the like
Answer
(a) the gain from being first to use an opportunity
- 3.
Which of these is a change in the social environment?
- Rules require warnings on packets of harmful products.
- Prices of most goods rise faster than usual.
- Incomes of families rise, so they spend more.
- People become more health-conscious and want organic food.
Answer
(d) People become more health-conscious and want organic food.
Section B · short answer
- 4.
What is meant by business environment?
Answer
The sum total of all individuals, institutions and other forces outside a business that may affect its performance.
- 5.
Explain each term: (a) social environment (b) technological environment
Answer
(a) customs, values, traditions and lifestyles (b) new methods, inventions and techniques
Section C · long answer
- 6.
Explain the features of business environment.
Answer
Totality of external forces, specific and general forces, inter-relatedness, dynamic nature, uncertainty, complexity and relativity.
Fresh sheets for your child
In the app, every Business Environment sheet is new: the app remembers the questions your child has already had and leaves them out. Print the sheet as a PDF, or use notebook mode and write the answers in a notebook.
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