10 questions
Which of the following does not characterise business activity?
Production of goods and services
Presence of risk
Sale or exchange of goods and services
Salary or wages
Which of the following does not characterise business activity?
Production of goods and services
Presence of risk
Sale or exchange of goods and services
Salary or wages
. Which of the broad categories of industries covers oil refinery and sugar mills?
(i)
Primary
Secondary
Tertiary
None of them
The occupation in which people work for others and get remunerated in return is known as
Business
Employment
Profession
None of them
The industries which provide support services to other industries are known as
Primary industries
Secondary industries
Commercial industries
Tertiary industries
Which of the following cannot be classified as an objective of business?
Investment
Productivity
Innovation
Profit earning
Business risk is not likely to arise due to
Changes in government policy
Good management
Employee dishonesty
Power failure
.................. includes those activities through which the natural resources are used to provide raw materials to other industries
Primary industry
Secondary industry
Tertiary or Service Industry
None of them
Under ............. industry new products are manufactured by using the previously produced things
Primary industry
Secondary industry
Tertiary or Service Industry
None of them
.......... includes those services which help business to move smoothly
Primary industry
Secondary industry
Tertiary or Service Industry
None of them