Introduction to Business Operations

Which of the following cannot be classified as an auxiliary to trade?

• warehousing

• mining

• insurance

• transport

Name the two broad categories of business activities.

• Trade and industry

• Trade and commerce

• Industry and commerce

• None of these

Cattle breeding farms, poultry farms, and

fish hatchery come under which type of industries?

• Secondary industries

• Extractive industries

• Genetic industries

• Manufacturing industries

Commerce includes activities relating to trade and ____________

• supporting

• auxiliaries to trade

• subsidiaries

• analytics

Economic Activities =

• Business +profession

• Business +employment

• Business +profession+

  employment

• Only those activities where exchange takes place