
NATURE AND PURPOSE OF BUSINESS
Authored by Baljinder Kaur Dev
Other
11th - 12th Grade
Used 212+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The possibilities of inadequate profits or even losses due to uncertainties are known as _______
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following may not be a factor behind starting a business?
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Name the two broad categories of business activities.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Commerce includes activities relating to trade and ____________
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
'Earning of profit is considered to be the subsidiary objective of the business.' The given statement is
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Following are the characteristics of business risks. One of then is not correct. Please identify it.
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Transfer of interest exists in the case of
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