The Primary objective of a business is ______.

(a)

Making Profit

(b)

Not making Profit

(c)

Special Skill

(d)

None of the above

Occupation of a Doctor is ______.

(a)

Employment

(b)

Business

(c)

Profession

(d)

Sole Proprietor

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

Which one of the following is not an economic activity?

(a)

Production of goods

(b)

Distribution of goods

(c)

Celebrating birthday

(d)

Selling by retailers

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

The Occupation in which people work for others and get remunerated in return is known as ____________

(a)

Business

(b)

Employment

(c)

Profession

(d)

Trade

The reward for doing a business is _____________

(a)

Profit

(b)

Salary

(c)

Wages

(d)

Fees

Human activities can be categorised in __________ activities.

(a)

two

(b)

three

(c)

four

(d)

five

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

(a)

primary

(b)

secondary

(c)

economic

(d)

non-economic

Economic activities are undertaken to earn _____________

(a)

profit

(b)

money

(c)

income

(d)

none of these

What is meant by Economic Activities?

What do you mean by Business?

Define the term "Business" according to H. Haney.

Classify the following activities into economic or non-economic activities?

Classify the following as Business, Profession and Employment.

What do you mean by human activities? Explain.

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

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

Briefly explain the national objectives of a business.

What are the classification of economic activities according to size?

Distinguish between economic and non-economic activity.

How the business activities are classified?

What are the criteria for success in modem Business?