class 11 Business studies chapter 1

1. The occupation in which people work for others and get remunerated in return is known as ________________________

2. Earthquake comes under __________ type of risk.

Business risk are of two types _________ and _________

Canara Bank opened a new branch in bangalore.It is fulfilling which of the following objective:

• Survival

• Profit

• Growth

• Innovation

Economic Activity which can be carried on without any minimum qualification.

• Profession

• Employment

• Business

• None of the above

Business risk is not likely to arise due to

• Changes in govt. policy

• Good management

• Employee dishonesty

• Power failure

_____ is the reward for bearing risk.

• Fee

• Salary

• profit

• Wages

ABC Ltd. providing employment opportunities to physically challenged people.By doing so they are trying to achieve which objective?

• Economic

• Personal

• Social

The employees of Alexa Ltd. are mishandling the machinery due to which the company has to suffer loss.What is cause of this loss?

• Natural

• Economic

• Human

• other

Degree of risk depend upon_________ and ________of buiness