Business Studies Year 7

The word legal in the definition of business means

• Accommodation

• Acceptable by the constitution of the country

• Acceptable by Human needs and desires

• Acceptable by Human profession

The term “office” means a place where.

• Government documents are kept

• Customer’s decisions are made

• Co-ordination and clerical work are done

• Arranged documents are stored

Processing of information received in an office means.

• Sorting, analysing, and summarising the information

• Sending the information to the receptionist

• Filing the information

• Destroying the information

Business is established for the purpose of providing services to

• Commandant

• Commodity

• Customers

• Commoners

All the following are examples of small offices except

 

   

  

• Banking hall of a commercial bank

• Chemist shop

•   Patient medicine shops

• Pool agent office

     One of the following is an example of an organization that is none profit oriented

   

   

  

   

• Importation of electronics

• Services of a Red cross

•   Selling of foodstuff

• None of the above

Tangible goods are goods that you can.

• Performed

•    Provided

•    Rendered

•     See or hold

     The aim of setting up a business is to

   

   

   

   

• Avoid Waste

• Ensure Tangibles goods

• Exempt self from austerity 

• Make Profit

     A man who engaged in any legal activity is regarded as

   

   

   

  

• Businessman

• Employee

• Farmer

• Profession

     Intangible goods are goods that…

   

   

   

   

• Cannot be identified

• Cannot be physically seen or touched

• Cannot be transported

• Cannot be incorporated