Quiz 02

The foundation of a business is

• Profit

• Money

• Customers

• Input and Output

"An organization that seeks to earn profits by providing goods and services" What is the most suitable term for the above statment?

• Private company

• Partnership

• Business

• Public company

Which of the following belongs to the demographic environment?

• Beliefs

  

• Religion

• Customs

• Age mix

Which of the following group can be included under uncontrollable factors?

• Market, Competitors

• Capital, Employees

• Product, Raw materials

• Employees, Market

Goods that are purchased to purchase another in known as

•   Durable Goods

• 1.      Industrial Goods

• Non-Durable Goods

•    Consumer Goods

As per the classification of Gross Domestic Product of Sri Lanka, an economic activity which belongs to the industrial sector is

• Insurance

•    Forestry

• Sale of vegetables seeds

• Recycling

The production which includes forestry, fisheries, agriculture, mining & quarrying is known as

•   Primary Production

• Agriculture Production

• Industrial Production

• Tertiary Production

Which of the following is not a base used to classify businesses?

 

• Market

•   Scale

• Management

• Ownership

Which of the following cannot be considered as the main aim of a business?

1.      Maximizing profit

2.      Increasing market share

3.   s

4.     

Maximizing sales

•    Maximizing profit

•    Maximizing employment opportunitie

• Retaining in market

• Increasing market share

Social responsibility of a business is an obligation towards?

• Customer

• Shareholders

• Employees

• All of the above