What is invariably regarded as an indicator of the quality of performance of those who manage the business?
Investment
Profit
Risk bearing
Capital
Business by dealing in goods and service does not necessarily become a business unless it has a:
Professional
Businessman
Agent
Customer
In case of employment, as a remuneration for the work done they receive:
Salary/Wage
Both
Commission
Since independence, what have developed in a large scale in trade, industry and service sector?
Public enterprise
Private enterprise
Business enterptise
Industry
Activities which require special knowledge and skill to be applied by individuals in their occupation are known as:
Specialization
Profession
Business Activity
Business
Name one of the basic functions of business which is a specialized activity that encompasses the entire business.
Employment
Innovation
Marketing
What refers to the occupation in which people work for others regularly and get remunerated in return?
Occupation
Service
Transferability of ownership interest is possible in:
None of these
Business activities may be classified into two broad category namely:
Economic and Non-economic activity
Industry and Commerce
Industry and Banking
Profession and Employment
The main object of business is:
Income
Wealth
Earning profit