Introduction to business operations

A cooperative Society is ______ to be registered as per law?

• maybe

• mandated

• not mandated

• not sure

What is the minimum and maximum number of partners in a Partnership?

• 1-2

• 2 and above

• 2 and 50

• 4 and 50

The minimum and maximum number of directors in one person company:

• As many as you wish

• One and Fifteen

• Zero

• Should have only one director

All economic activities whose output is not physical product or manufacturing is grouped under ___.

• employment

• Services

• commerce

• Trade

Listed are the characteristics of business. Pick the odd one out.

• economic activity

• regular dealings

• profit motive

• social development

All business activities carry some ___.

• agenda

• risk

• goodwill

• efficiency

The share holders are the owners of the company. Identify.

• Proprietorship

• Hindu undivided family business

• partnership

• Joint stock company

Business operations include four key areas-

Pick the odd one.

• labour

• location

• process

• Finance

What type of industry is ‘Fishing?’

• Manufacturing Industries

• Extractive Industries

• Genetic Industries

• )

  Construction Industries

"While formulating the company policies, the organization must be fully aware of the marketing environment."

This statement validates that ______ is very important.

• internal process review

• strategic planning

• market research and development

• financing decisions