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Nature and Purp...

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  • Question 1
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    Usually, goods are not sold or consumed immediately after production. They are held in stock to make them available as and when required. For this purpose _______ is important.

  • Question 2
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    Activities which are meant for assisting trade are known as __________.

  • Question 3
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    The industries which provide support services to other industries are known as

  • Question 4
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    _______ is one of the most important methods of promoting the sale of products.

  • Question 5
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    The term business is derived from the word ______________.

  • Question 6
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    Which of the following can be considered as an economic activity?

  • Question 7
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    Tea is mainly produced in Assam; Cotton in Gujarat and Maharashtra; Jute in west Bengal and Orissa; Sugar in U.P, Bihar and Maharashtra. But these goods are required for consumption in different parts of the country. For this purpose ________ is very important.

  • Question 8
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    Which of the following cannot be classified as an objective of business?

  • Question 9
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    Which of the following is a human cause of business risks?

  • Question 10
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    Commerce includes two types of activities _______________.

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