A Chartered Accountant preparing his own accounts is:
Economic activity
Non-economic activity
Both of these
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
Business by dealing in goods and service does not necessarily become a business unless it has a:
Professional
Businessman
Agent
Customer
Name one of the essential characteristics of business.
Sale or exchange of the goods and services.
Consideration
Hiring
Remuneration
What leads to technological upgradation of product process?
Innovation
Occupation
Profession
Performance
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
Since independence, what have developed in a large scale in trade, industry and service sector?
Public enterprise
Private enterprise
Business enterptise
Industry
In case of employment, as a remuneration for the work done they receive:
Salary/Wage
Profit
Both
Commission
What is performing the work assigned to him by the employer under the agreement of service called?
Change in demand, competition, price fluctuations, mismanagement etc are some of the important cause of:
Business risk
Business activity