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WorksheetsCLASS 11 BUSINESS MCQ 2
Total questions: 10
Worksheet time: 20mins
Global enterprises have an impact on international economy. You are asked to identify the feature of global enterprises:
Huge Capital resources
Product Innovation
Both Huge capital resources and Product Innovation
None of the above
Giving reservation in jobs to specially-abled persons is the example of which business objective?
Social Responsibility
Innovation
Market Standing
Profit Earning
In terms of Tangibility, Goods are ________ and Services are ______.
Tangible, Intangible
Intangible, Tangible
Tangible, Tangible
Intangible, Intangible
Which of the following doesn't indicate the nature of services:
Involvement
Inseparability
Indifference
Intangibility
In order to meet social goals like improving the standard of living of weaker sections of the society, providing healthcare and hygienic conditions in slum areas, etc. which services are provided:
Personal services
Business services
Social services
None of the above
Which is the first stage in the formation of a company?
Subscription of Capital
Promotion
Incorporation
None of these
Which document is issued by a company to invite the public to subscribe for its securities?
Prospectus
Memorandum of Association (MOA)
Article of Association (AOA)
None of these
What is the minimum number of members required for a Joint Hindu Family Business?
One
Two
Three
Five
A partner neither contributes capital nor shares profits, does not even manages the affairs of the business but gives permission to use his name for the firm is known as_____
Secret Partner
Nominal Partner
Partner by Estoppel
Partner by holding out
Sole Proprietors have _________ liability
Limited
Unlimited
Joint and Limited
Joint and Unlimited
