Business Environment

Jul 8th, 2015
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Algoma University College
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Q.1- A multi-national corporation (MNC) is defined by ________.  Carrying out production in more than one country  Having sales in more than one country  Having a multi-ethnic workforce  Having suppliers in more than one country Correct Answer : Carrying out production in more than one country

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Subject: Business EnvironmentObjective QuestionQ.1- A multi-national corporation (MNC) is defined by ________.Carrying out production in more than one countryHaving sales in more than one countryHaving a multi-ethnic workforceHaving suppliers in more than one countryCorrect Answer : Carrying out production in more than one countryQ.2- Which type of organization structure is characterized by departments or units dealing withspecialized tasksMatrixDivisionalHierarchicalFunctionalCorrect Answer : FunctionalQ.3- The political system that stresses the primacy of collective goals over individual goals is_______.IndividualismCollectivismSocialismCommunismCorrect Answer : CollectivismQ.4- The system of government in a nation is called the _____.Political systemEconomic environmentPolitical environmentNational policyCorrect Answer : Political environmentQ.5- A philosophy of an individual? Freedom in the economic and political pursuits is __.collectivism. IndividualismSocismaliDemocracyCorrect Answer : DemocracyQ.6- The political power monopolized by a party that governs according to religious principles is______.Communist totalitarianismeocratic totalitarianismSecular totalitarianismTribal totalitarianismCorrect Answer : eocratic totalitarianismQ.7- The political power monopolized by a party that governs according to religious principle

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