Question # 1

A business takes into account the following activities:

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Economic

Non-economic

Social

None of these

Human activities consist of following activities

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Un-commanded

Commanded

Commanded and un-commanded

None of the above

Economic activities mean

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Business

Business and profession

Business, profession end employment

None of the above

Which factor plays an important role in improving the standard of living of the people and economic development:

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Trade

Industry

Commerce

All the above

In order of determine the size of a business we consider:

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The availability of the capital

The demand of the goods

The capacity of production

All the above

Which factor plays an important role in improving the standard of living of the people and economic development

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Trade

Industry

Commerce

All the above

If any person gets income on the basis of knowledge and skill then it is

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Business

Economic activity

Profession

Trade

What does a business organization mean:

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Sole tradeship

Partnership

Joint stock company

All the above

Economic activity which gives

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Predetermined income

Fixed income

Both a and b

None of these

The objective of non-economic activities is to:

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Serve the society

Earn profit

Serve the society beside spiritual satisfaction

Earning the fame

The basic objective of business is

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Exchange

Earning profit

Service to the society

Earning foreign exchange for the govt

For the sale of goods, a businessman depends upon:

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The employees

The relatives

The demand of customers

None of these

Economic activity which gives:

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Predetermined income

Fixed income

Both (a) and (b)

None of these

What does a business organization mean

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Sole tradership

Partnership

Joint stock company

All the above

The businessman is:

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A trader

A producer

A distributor

A trader, producer and distributor

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