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- 1. Multiple Choice
Which of the following is not a business objective?
Corporate social responsibility
Market share
Growth
Employment
- 2. Multiple Choice
Which of the following does not characteristic business activity?
Production of goods & services
Presence of risk
Sales & exchange of goods & services
Salary or wages
- 3. Multiple Choice
Which of the following is not an economic activity?
Production
Trading in goods
Professional
Social service
- 4. Multiple Choice
Which of the following is not a business activity?
Production of goods
Work in a factory for wages
Exchange of goods
Transportation
- 5. Multiple Choice
Why should a business earn profit
To provide return to investors.
To provide funds for future growth .
To increase the reputation of business.
All the above
- 6. Multiple Choice
India is a top importer of the following
Petroleum crude
Jewellery
Textiles
All of these
- 7. Multiple Choice
______________are middle men between manufacturer and consumer.
Wholesaler
Insurance company
WTO
- 8. Multiple Choice
Economic Activities =
Business + Profession
Business + Employment
Business + Employment
Business + Profession + Employment
- 9. Multiple ChoiceName the two broad categories of business activities.Trade and commercetrade and industryindustry and commercenone of these
- 10. Multiple ChoiceCommerce includes activities relating to trade and ____________Supportingsubsidiariesauxiliaries to tradenone of these
- 11. Multiple Choice
Which of the following statements is true in relation to business aims and objectives?
Aims are specific and objectives are general
Aims and objectives are both general
Aims are general and objectives are specific
Aims and objectives are both specific
- 12. Multiple Choice
Which of the following stakeholders (a person who is interested or is affected by a business) is most likely to have profit as an objective?
Owners
Employees
Suppliers
Customers
- 13. Multiple Choice
Which of the following type of objective would an entrepreneur set who is aiming to ensure revenue is greater than total costs?
Personal objective
Profit objective
Social objective
Market share objective
- 14. Multiple Choice
The purpose of a business setting objectives is:
To maximise profits
To reduce market share
To provide targets
To increase sales
- 15. Multiple Choice
Which of the following is a non-financial aim and objective?
Market share
Survival
Sales
Social objectives
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