Rapid fire speed master

What is a business?

• anything which satisfy human needs and wants

• Any economic activity which satisfy human needs and wants

• Any economic activity which provides goods and services to fulfill human needs and wants with the aim of profits

• Any place where buyers and sellers meet together

• Process of provoding raw materials to the business

Which is considered as an input in input output process?

• Goods and services

• Financial management

• Marketing

• Research and development

• Enterpreneurship

The enviroment which includes the personal beliefs, rituals, norms is,

• Economic environment

• Political eenvironment

• Social and cultural environment

• Legal environment

• Technological environment

Any situation where buyers and sellers meet together can be called ....................

Owners, managers, employees and community are considered as .....................

Which arose as a result of barter system

• Use of money

• Banking

• Production

• Trade

• Commerce

Commerce can be simmilar to,

• Primary production

• Secondary production

• Tertiary production

• Trade

• Auxiliary services

The things that a business is going to achieve in long term is called,

• Goals

• Objectives

• Policy

• Strategy

• Profit

Which of the following can be considered as task environment?

• economic

• Social and cultural

• Political

• Competition

• Technology

Any business activity conducted by using internet can be called .....................