
XI ISC 2. NATURE AND OBJECTIVES OF BUSINESS
Quiz by Emimal Prince Nadar
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The possibilities of inadequate profits or even losses due to uncertainties are known as ____________.
‘Earning of profit is considered to be the subsidiary objective of the business.’ The given statement is _____.
Which of the following does not characterise business activity?
Following are the characteristics of business risks. One of them is not correct. Please identify it.
Which of the following cannot be classified as an objective of a business?
Which of the following cannot be classified as an social objective of a business?
Business activities starts with production and ends with _______:
Among business, trade and commerce which of these is considered as a wider term:
An activity performed with a view of obtaining profit is called a:
Which of the following is an example of a business activity?
Which economic activity involves the production and sale of goods or services for profit?
Which of the following best describes the nature of business?
What is the primary objective of a business?
Which of the following is not a feature of business?
Which of the following is a social objective of business?
Which of the following is an economic objective of business?
Which of the following statements is true regarding the objective of business?
Which of the following best describes the risk-taking nature of business?
Which of the following is an example of a non-economic objective of business?
Which of the following statements best describes the concept of business ethics?
Which of the following factors does not influence the objectives of business?
Which of the following best defines the term "business"?
The economic objective of a business primarily involves:
The objective of business expansion can be achieved through:
Which of the following statements is true about the objective of social responsibility in business?
The objective of providing employment opportunities is closely related to which stakeholder group?
Which of the following is NOT a factor of production in business?
Business activities are primarily categorized into which of the following two broad categories?
Which of the following is an example of an economic want?
The economic objective of a business is concerned with:
Which of the following best describes the social responsibility of a business?
The term "Business Risk" refers to:
The social objective of business aims to:
Business ethics refers to:
Which of the following best describes the role of profit in business?
What does profit indicate in a business?
Profit acts as a source of:
Which of the following is NOT a role of profit in business?
Profitability ratios are used to assess a business's:
The role of profit in business helps to:
Profit serves as a measure of:
Which of the following statements is true regarding profit in business?
Profit can be reinvested in a business to:
The role of profit is often criticized due to its potential to: