Bst Crew 4

Business risk is not likely to arise due to

• Change in Government policy

• Good Management

• Employee Dishonesty

• Power Failure

The industries which provide support services to other industries are known as

• Primary Industries

• Secondary Industries

• Commercial Industries

• Tetiary Industries

Following are the charactersitcs of business risk: One of them is not correct. Please identify it.

• Loss is the reward for risk bearing

• Business risks are due to uncertainties

• Risk is an essential component of every business

• Degree of risk depends mainly upon the nature and size of business

Commerce includes activites relating to trade and_______to trade.

• Supporting

• Subsidiaries

• Auxiliaries

• None of these

Which one of the following may not be a factor behind starting a business?

• Routine workload

• Size of the firm

• Finance

• Location of the business

Which of the following cannot be classified as an objective of business

• Investment

• Productivity

• Innovation

• Profit Earning

Which of the following cannot be classified as an auxiliary to trade?

• Mining

• Insurance

• WareHousing

• Transport

Which of the broad categories of industries covers oil refinery and sugar mills?

• Primary

• Secondary

• Tertiary

• None of these

Name the two broad categories of business activities.

• Trade and Commerce

• Trade and Industry

• Industry and Commerce

• None of These

The possibilities of inadequate profits or even losses due to uncetainties are known as

• Business Contigencies

• Business Risks

• Business Ventures

• None of these