New ! Commerce MCQ Practise Tests



Objectives of Business Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    3 x 1 = 3
  1. The Primary objective of a business is ______.

    (a)

    Making Profit

    (b)

    Not making Profit

    (c)

    Special Skill

    (d)

    None of the above

  2. 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

  3. 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

  4. 4 x 2 = 8
  5. What is meant by Economic Activities.

  6. What do you mean by Business?

  7. Write a note on Profession.

  8. What do you mean by Employment?

  9. 3 x 3 = 9
  10. What do you mean by human activities? Explain.

  11. Explain the classification of ‘Business’.

  12. Briefly state the human objectives of a business.

  13. 2 x 5 = 10
  14. Explain the characteristics of Business.

  15. Compare business with profession and employment.

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