Objectives of Business - Important Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50

    Part A

    10 x 1 = 10
  1. The Primary objective of a business is

    (a)

    Making Profit

    (b)

    Not making Profit

    (c)

    Special Skill

    (d)

    None of the above

  2. Occupation of a Doctor is

    (a)

    Employment

    (b)

    Business

    (c)

    Profession

    (d)

    Sole Proprietor

  3. The following does not characterize business activity?

    (a)

    Production of goods and services

    (b)

    Presence of risk

    (c)

    Sale or exchange of goods and services

    (d)

    Salary or wages

  4. Activities undertaken out of love and affection or with social service motive are termed as :

    (a)

    Economic activities

    (b)

    Monetary activities

    (c)

    Non-Economic activities

    (d)

    Financial Activities

  5. Human activities can be categorised in __________ activities.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  6. Activities undertaken with the object of earning money are called ____________ activities.

    (a)

    primary

    (b)

    secondary

    (c)

    economic

    (d)

    non-economic

  7. Economic activities are undertaken to earn _____________

    (a)

    profit

    (b)

    money

    (c)

    income

    (d)

    none of these

  8. ____________ should be a systematic body of knowledge.

    (a)

    Employment

    (b)

    profession

    (c)

    Business

    (d)

    None of these

  9. Which of the following is not characterized as economic activities?

    (a)

    Production of goods by manufacturer

    (b)

    Selling by retailers

    (c)

    Medical advice rendered by physician

    (d)

    Celebrating festivals

  10. Activities undertaken to satisfy social and psychological needs are called______

    (a)

    Economic Activities

    (b)

    Non-Economic Activities

    (c)

    Marketing Activities

    (d)

    Selling Activities

  11. Part B

    6 x 2 = 12
  12. Define Economic Activities.

  13. What do you mean by Business?

  14. Define Profession.

  15. What do you mean by Employment?

  16. What is Private Enterprises?

  17. What is Public Enterprises?

  18. Part C

    6 x 3 = 18
  19. What do you mean by human activities? Explain.

  20. Write Short notes on: (a) Business (b) Profession

  21. Explain the concept of 'Business'.

  22. Briefly state the human objectives of a business.

  23. How can you differentiate business, profession and employment on the basis of :
    (i) Nature of work
    (ii) Capital

  24. How can you classify the business activities on the basis of function?

  25. Part D

    2 x 5 = 10
  26. How the business activities are classified?

  27. What are the types of occupations? Briefly Explain about them.

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