Business Environment Quiz

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Across
  1. 3. Industrialization has raised the standard of _______________
  2. 5. _______ environment refers to all economic factors which have a bearing on the functioning of a business.
  3. 6. FERA is foreign ______________ regulation act.
  4. 8. Profit making is the _______________ goal of any business enterprise?
  5. 12. The taking over of a private firm by the government to be run it as a government unit is ______.
  6. 13. The transfer of the ownership of state property into the hands of the private individuals by the sale of state assets through auction is
  7. 16. When a company taken over another one and clearly becomes the new owner, the action is called
  8. 19. An increase in the general level of prices, as measured against some baseline of purchasing power is also known as
Down
  1. 1. Micro environment is also known as _______________
  2. 2. New policy has four new components namely liberalization, privatization _______________ and stabilization.
  3. 4. Business comprises all ______________ seeking activities and enterprises that provides goods and services necessary to an economic system.
  4. 7. _______ stresses the philosophy of individualism believing in private ownership.
  5. 9. Under Socialism the tools of production are managed by ___________
  6. 10. Competition is beneficial to the competing firms besides benefiting the ______________.
  7. 11. Natural environment comes under ________________ environment category.
  8. 14. _______ identifies the early signals of possible environment changes.
  9. 15. GDP is growth domestic ______________.
  10. 17. The legislative frame work for industrial licensing is provided by the ______________ development and Regulation act.
  11. 18. In the PEST framework for environmental analysis what does the letter S stands for