Nature & Purpose of Business

Hindrance of risk is removed by:

• Advertisement
• warehousing
• Insurance
• Transport

Cooking food by mother for her family is:

• Economic activity
• non-economic activity
• both
• none

Sale and purchase of goods and services is called:

• profession
• business
• employment
• all

Which of the following does not represent the role of business: 

• Survival
• Growth
• Reward
• Activity

Providing good working conditions come under which objective of business?

• Economic
• social 
• personal
• None

Pisciculture comes under which industry?

• Extractive
• Genetic
• Manufacturing
• Constructive

Poultary farms come under which type of industry?

• Extractive
• Genetic
• Constructive
• Manufacturing

What type of cause is Bursting of boiler? 

• Natural
• Human
• Physical
• Economic

What type of cause is fluctuation of price in the market?

• Physical
• Human
• Economic
• Natural

Hindrance of place is removed by:

• Communication
• Advertisement
• Warehousing
• Transportation