Mcq Chapter 7 Business Studies Class 11

[Lyric Maro]

Thebusiness environment is the totality of various individuals, institutions, and all other forces that do not form the business enterprise or are under the control of a business enterprise, but indirectly influences the performance of the business enterprise. From social, economic, technological, political to other such forces, they make the business environment. Government, consumers, media, courts, etc all influence a business. For example, government policies and changes in consumer behaviour and technology can affect businesses. To understand more about the business environment in detail, visit Vedantu.

You can get the best Revision Notes for Chapter 3 of Business Studies of Class 12 at Vedantu. The notes are crisp but comprehensible. The lucid style helps students in grasping the concepts much more easily. You get a comprehensive summary of the full chapter with all the important points. Just going through this revision note will ensure that you have brushed through all the important topics that are required from the chapter to get maximum marks from this chapter in your exam. The notes are free of cost and also available on Vedantu mobile app.

The Leavey School of Business confers the degree of bachelor of science in commerce with majors in accounting, accounting and information systems, economics, finance, individual studies, management, marketing, and management information systems. The school also offers a minor in business analytics, management information systems, and real estate; and interdisciplinary minors in entrepreneurship, international business, retail studies, and sustainable food systems.

To qualify for the degree of bachelor of science in commerce, students must complete a minimum of 175 quarter-units of credit (of which at least 60 must be in upper-division courses) and satisfy the requirements of the undergraduate Core Curriculum, the Leavey School of Business curriculum, and the departmental major.

The School of Business strictly enforces prerequisites. Having all students come into courses with the same requisite knowledge and skills ensures equity, a common starting point, and is intended to increase the likelihood of student success. Prerequisite requirements must be successfully completed or in progress prior to enrollment in the course that requires the prerequisite.

Students for whom English is not their native language may satisfy this requirement by submitting a petition to the chair of the Department of Modern Languages and Literatures and the director of the Core Curriculum with professionally recognized documentation of proficiency in a language other than English. Such documentation includes but is not limited to a Test of English as a Foreign Language (TOEFL) examination score of 213 computerized or 550 paper and pencil examination.

Most business students take the calculus for business courses: MATH 30 and 31. Students who plan to take additional math should consider taking the calculus and analytic geometry courses: MATH 11 and 12.

Students who declare a major or a minor in management information systems will take OMIS 30 or OMIS 31, which will satisfy the information systems requirement in the business core, and may choose a course to satisfy Science, Technology, and Society from the list of approved courses.

Students who declare a major or a minor in management information systems will take OMIS 30 or OMIS 31, which will satisfy the information systems requirement in the business core, and must choose a course to satisfy Science, Technology, and Society from the list of approved courses.

The Department of Operations Management and Information Systems offers two minors: business analytics and management information systems. The Department of Economics offers a minor in economics through the College of Arts and Sciences. The Department of Finance offers a minor in real estate. Descriptions of these minors and associated requirements can be found in the respective department sections of this chapter.

The Leavey School of Business administers four interdisciplinary minors open to business students and nonbusiness students: entrepreneurship, international business, retail studies, and sustainable food systems. Descriptions of these minors and associated requirements can be found in the Interdisciplinary Minors section at the end of this chapter.

The Individual Studies (IS) major in the Leavey School of Business has been established to meet the needs of students who wish to design a course of studies with a multidisciplinary perspective. Students who want to pursue an IS major should begin by scheduling a meeting with the faculty director of Undergraduate Business Programs to start the process.

In addition to fulfilling the University undergraduate Core Curriculum and the core requirements for the bachelor of science in commerce in the Leavey School of Business, a student majoring in individual studies must complete the requirements in her or his approved plan of study. To declare the major, the student must submit, and obtain approval of, a Petition for an Individual Studies major in the Leavey School.

A well-developed argument, supported by appropriate evidence, showing that (1) no existing academic major(s) and/or minor(s) can meet the student's educational objectives, and (2) the proposed major is not merely a combination of existing programs that could feasibly be completed by the student

A plan of study listing the courses or menus of courses, seminars, internships, etc., that meet the student's educational objectives, which should include a minimum of eight (8) upper-division courses in addition to those required by the undergraduate Core Curriculum and the School of Business Undergraduate Core (IS major courses may also count toward a student's selected Pathway)

The Petition must be reviewed and approved by the faculty director of Undergraduate Business Programs in the Leavey School of Business, in consultation with faculty in affected departments and programs, if necessary. Reasonable modifications of the above guidelines may be approved by the faculty director.

An introduction to the nature, forms, and objectives of the contemporary business firm and its relationship to the modern business environment. Text learning is augmented by classroom discussion, connecting learning points to current events and a comprehensive business simulation. (4 units)

Designed to continue learning from BUSN 71 by focusing on leadership skills specific to a business environment. Course integrates group discussion, selected readings, experiential learning, and reflective engagement experiences. (2 units)

This course provides the student with an overview of the legal system and primary substantive areas of law affecting business transactions including the law of contracts, torts, property, employment, business associations, securities, and white collar crime. Students exercise critical thinking and writing skills through the application of fundamental legal principles in the business context. Prerequisites: BUSN 70 and completion of 45 units, or permission of instructor. (4 units)

This course is designed to provide students with opportunities to learn and rehearse contemplative leadership practices and explore the relationship between personal values, business, and sustainability. CLASP introduces students to issues of sustainability in industry, provides face-to-face encounters with professionals and companies/organizations already "doing the work" of sustainability, and immerses students in the region's natural and social environments via daylong weekend excursions. Assignments include keeping a weekly journal, weekly readings, small and large group discussions, writing a short paper, and completing a group project. (2 units)

In this course, students examine the global system for the production and distribution of food, assess the ability of the system to satisfy the human demand for food, and evaluate the impact of the system on the natural environment. Students will employ tools from statistics, operations, and economics to describe, analyze, and forecast imbalances between food supply and food demand. Through a term project, students use their new skills to examine the food system in a developing nation experiencing chronic hunger. (5 units)

This course is designed to help students meet their social justice-oriented experiential learning requirements while learning about issues related to food production and consumption, hunger, poverty, and the environment. The course blends short lectures, guided discussions and reflections, and a 12- to 14-day immersion in a selected country interacting with local people of diverse backgrounds for experiential active learning. The goal is to increase students' understanding of the role of business in the developing world and to explore the role of business in alleviating poverty through economic development and the pursuit of social justice. Both quarters are required to participate in the immersion program. (2 units before immersion, 2 units after immersion)

This course is specifically designed for upper-division (junior and senior), non-business majors who are interested in learning about business firms and their relation to both the global and local environment in which they operate. Course will use a business simulation as a key learning method, in addition to lectures and small group discussion. This course is not open to students who have completed BUSN 70. Prerequisite: Must have completed 87.5 units or more. (5 units)

In this pragmatic professional development course, students will learn the following business communication skills: business writing, informal and formal presentations, networking, and personal brand. Students will produce quantitative and qualitative analyses and evaluations and create professional multimedia projects, proposals, and presentations. Students will also develop skills in formal and informal business writing and discourse (briefings, reports, emails, memos, interviews, social media, infographics, etc.). Prerequisites: CTW1 & CTW2. Must have completed at least 60 units. Also listed as MKTG 179. (5 units)

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