Question # 1

Word trade means

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The exchange of goods

The purchasing and selling of goods

The business

The production of goods

Retailer sells goods to

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Consumers

Hawkers

Industrialist

Wholesaler

Mudaraba business is commenced with Mudaraba Ordinance

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1980

1988

1984

1992

Partnership is formed under Partnership act:

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1940

1984

1913

1932

The important function of an office is

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To provide information

To sell the goods

To purchase the goods

To improve the efficiency of the management

Co-operative society is formed under Act

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1925

1932

1935

1984

By economic activities means:

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Business

Commerce

Business and profession

Business profession and employment

Retailer sells the goods to

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Consumers

Hawkers

Industrialist

Wholesaler

The objective of advertisement is

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Introduce the things

To save the things

To reach the things to consumer

All of these

Basic objective of business is

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Exchange of goods

To earn profit

Service to society

Sole proprietorship is suitable for

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Large scale business

Medium scale business

Small scale business

For all of these

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