Which of the following does not require capital investment?
Profession
Business
Employment
None of these
What is the sum total of all the processes which are necessary for the removal of hindrances in making exchange of goods and services possible?
Trade
Commerce
Economic activity
Business objectives may be broadly classified into two. What are they?
Social, Ethical
Economic, Physiological
Economic, Social
Economic, Ethical
Dealing in goods and services on a regular basis is an important feature of ___________.
Among the three economic activities, for which is the element of risk absent?
What has developed on a large scale in trade, industry and service sector, since independence?
Public enterprise
Private enterprise
Both of these
Considered as one of the basic function of business, name a specialized activity which encompasses the entire business.
Innovation
Marketing
_____________ implies responsibility of business to serve the best interests of society.
Business Activity
Economic objective
Ethical objective
Social objective
What are the economic objectives of business?
Earning profit and market standing
Social welfare and consumer satisfaction
Generating Employment and charitable activities
Employees welfare and increase in production
