What are expected to maintain and improve the efficiency of employees and thereby raise the profitability of business?
Profit
Welfare Amenities
Production
Innovation
Name one of the basic functions of business which is a specialized activity that encompasses the entire business.
Profession
Employment
Marketing
Since independence, what have developed in a large scale in trade, industry and service sector?
Public enterprise
Private enterprise
Business enterptise
Industry
Wholesale and retail are two type of:
Foreign trade
Inland trade
Personal trade
Business trade
A popular method of protection against many types of risks.
Welfare
Insurance
Advertising
Activities which require special knowledge and skill to be applied by individuals in their occupation are known as:
Specialization
Business Activity
Business
Business by dealing in goods and service does not necessarily become a business unless it has a:
Professional
Businessman
Agent
Customer
What refers to the economic activities which are connected with the production or purchase and sale of goods and services?
Distribution
What is performing the work assigned to him by the employer under the agreement of service called?
None of these
Sum total of all the processes which are necessary for the removal of hindrances in making exchange of goods and services possible is knows as:
Trade
Commerce
Economic activity