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BUSINESS STUDIES XI CLASS
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Q1. Why should a business earn profit :
1 point
(a)To provide return to investors
( b)To provide funds for future growth
(c)To increase the reputation of business.
(d)All the above
Other:
Clear selection
Q2. Increase in competition is a type of:
1 point
HUMAN RISK
NATURAL RISK
ECONOMIC RISK
POLITICAL RISK
Other:
Clear selection
3. Which feature of business risk is referred in the statement “Business risk can be minimized but cannot be eliminated”?
1 point
RISK ARISES DUE TO UNCERTAINTY
Risk is an essential part of every business
PROFIT IS THE REWARD OF BUSINESS
RISK IS UNAVOIDABLE
Other:
Clear selection
4. Which business activity removes all the hindrances in the process of exchange?
1 point
TRANSPORTATION
ADVERTISEMENT
WAREHOUSING
TRADE
Other:
Clear selection
5.Following are the characteristics of business risks. One of then is not correct. Please identify it.
1 point
(a) Loss is the reward for risk bearing.
(b) Business risks are due to uncertainties
(c) Risk is an essential component of every business
(d) Degree of risk depends mainly upon the nature and size of business
Clear selection
6. Mention any THREE hindrances removed by commerce. 3
3 points
Your answer
7. Mention two social objectives of the business 2
2 points
Your answer
8. WHAT ARE THE CAUSES OF BUSINESS RISK? 4
4 points
Your answer
9. WHAT ARE THE BASIC FACTORS WHICH MUST BE CONSIDERED TO START THE BUSINESS? 6
6 points
Your answer
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