revision first term 1

The businessman is

• A trader

• A producer

• A distributor

• A trader, producer and distributor

For the sale of goods , a businessman depends on

• The employees

• The relatives

• The demand of customers

• None of these

Two important components of business

• Trade & commerce

• Industry & commerce

• Trade & industry

• Profit & loss

Help or facilities to trade

• Retailers

• National organizations

• Business organization

• Trade auxiliaries

In sole tradership,the decisions are held

• Belatedly

• Without any delay

• After the meeting of the administration

• With the suggestion of relatives

Not important for sole proprietorship

• Capital

• Interest of owner

• Audit

• Workers

The life of a sole tradership is

• Long

• Short

• Fixed

• Both long and short

What does a business organization means

• Sole tradership

• Partnership

• Joint-stock company

• All of these

Warehouse remove the hindrance of

• Time

• Place

• Risk

• Knowledge

Types of warehouses

• Two

• Three

• One

• Four