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A multiple-choice question (MCQ) is composed of two parts: a stem that identifies the question or problem, and a set of alternatives or possible answers that contain a key that is the best answer to the question, and a number of distractors that are plausible but incorrect answers to the question. The development of a continuity plan is critical for businesses of all types. 0. The set of decisions and actions used to formulate and implement goals that will provide competitively superior fit between the organisation and its environment is known as strategic management. 35. The MCQs of Business Studies cover all the chapters and topics, giving students maximum exposure to each topic of Business Studies. Short Answer. If you already have a long list of questions, you’re not alone. The ideas of business economics is administered along with quantitative techniques to analyze business ventures and the factors bring about the range … d. strategy . 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