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Objectives of Business Important Questions

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. The following does not characterise business activity?

    (a)

    Production of goods and services

    (b)

    Presence of risk

    (c)

    Sale or exchange of goods and services

    (d)

    Salary or wages

  2. Which one of the following is not a non-economic activity?

    (a)

    Cooking food for family

    (b)

    Medical advice rendered by physicians

    (c)

    Celebrating festivals

    (d)

    Doing meditation

  3. The reward for doing a business is _____________

    (a)

    Profit

    (b)

    Salary

    (c)

    Wages

    (d)

    Fees

  4. Large scale units require ____________ capital.

    (a)

    less

    (b)

    huge

    (c)

    fixed

    (d)

    none of these

  5. Which one of the following is the example for Public Enterprises?

    (a)

    State Trading Corporation (STC)

    (b)

    Ramesh Bros

    (c)

    Maruti Suzuki

    (d)

    Sole Trader Concern

  6. 5 x 2 = 10
  7. What do you mean by Business?

  8. What do you mean by Employment?

  9. Name of economic activity which requires and knowledge and skills. Briefly explain.

  10. What is meant by Industry?

  11. What is social objectives of business?

  12. 5 x 3 = 15
  13. Write Short notes on: (a) Business (b) Profession

  14. Briefly state the human objectives of a business.

  15. Write any three characteristics of Business.

  16. What are the classification of economic activities according to size?

  17. What are the classification of economic activities according to ownership?

  18. 4 x 5 = 20
  19. Explain the characteristics of Business.

  20. Discuss any five objectives of business.

  21. Briefly explain the Business activities on the basis of Ownership.

  22. Expalin the types of Economic Activities.

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