When a person individually or as a member of any group is regularly engaged in any economic activity, it is said to be his/her:
Business
Employment
Profession
Occupation
What should people receive in return for the work done, in case of employment?
Salary/Wage
Profit
Fees
Commission
What is refered to an occupation in which people work for others regularly and get remunerated in return?
What is the backbone of modern business?
Investment
Consumer's satisfaction
Welfare
Employees
The unexpected situation beyond the control of businessman resulting in loss is.
Marketing
Risk
Competition
None of these
Which of the folowing does not need any educational qualification?
A chemist running a shop in the market is called?
Which of the following economic activity is connected with the production or purchase and sale of goods and services?
Distribution
Considered as one of the basic function of business, name a specialized activity which encompasses the entire business.
Innovation
What is the basic motive of profession besides earning income?
Creating good will
Rendering services
Welfare to the society
