Which of the following does not require capital investment?
Profession
Business
Employment
None of these
Business objectives may be broadly classified into two. What are they?
Social, Ethical
Economic, Physiological
Economic, Social
Economic, Ethical
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:
Occupation
A person cultivating vegetables and sells in the market is a _________.
Which of the following activities require special knowledge and skill to be applied by individuals in their occupation?
Specialization
Business Activity
Business activities may be classified into two broad categories. They are:
Economic and Non-economic activity
Industry and Commerce
Industry and Banking
Profession and Employment
Activities undertaken for deriving psychological satisfaction, as a social duty, or in discharge of a moral obligation are:
Economic Activity.
Non-Economic Activity.
Business Activities.
None of these.
Considered as one of the basic function of business, name a specialized activity which encompasses the entire business.
Innovation
Marketing
In service industries, whose participation has increased fast in recent times, particularly in road transport, telecommunication, financial services etc.?
Public sector
Private sector
Joint sector
Change in demand, competition, price fluctuations, mismanagement etc are some of the important cause of ____________.
Business risk
Economic activity
Business activity