MCQs on Business Studies (CBSE) Class 11 (Chapter 1) Nature and Purpose of Business. Practice these multiple-choice questions and answers with explanations to learn, revise, and enhance your skills in Class 11 (Chapter 1) Nature and Purpose of Business. All these questions are prepared by ...
Class 11 Business Studies Business ServicesNCERT SolutionMCQ AnswersQuestion 1: DTH services are provided by___.Transport companies Banks Cellular companies None of the aboveAnswer: (c) Cellular companiesQuestion 2: The benefits of public warehousing includes___.Control Flexibility...
Question 3: Explain the concept of business. Answer:An economic activity involving the production and sale of goods and services undertaken with a motive of earning profit by satisfying human needs in society is called business. Business is an economic activity and any non-economic activity; like...
Question 4: That an enterprise must behave as a good citizen is an example of its responsibility towards Owners Workers Consumers Community Answer:(d) Community Question 5: Environmental protection can best be done by the efforts of Business people ...
Based on a report prepared by a Master of Space Studies class at ISU, it set outs to identify the major constraints in which the potential commercial user must operate and proposes solutions for both commercial user and the partner space agencies to facilitate this commercialisation process. At ...
Class 11 Business Studies International BusinessNCERT SolutionMCQ AnswersQuestion 1: In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a feeLicensing Contract ...
MCQ Answers Question 1: e-commerce does not include A business’s interactions with its suppliers A business’s interactions with its customers Interactions among the various departments within the business Interactions among the geographically dispersed units of the business ...
True/False Questions It is necessary to get every company incorporated, whether private or public. Statement in lieu of prospectus can be filed by a public company going for a public issue. A private company can commence business after incorporation. ...
Bill of exchange Answer:(d) Bill of exchange Question 8: The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is Letter of hypothetication Letter of credit Bill of lading Bill of exchange Answer:(b) Letter of credit ...
A business enterprise always needs physical and financial resources at regular intervals. A part of profit always needs to be ploughed back into the business to acquire these resources. Manager performance and development:Big businesses cannot be run by a single person, rather needs managers to mana...