Adaptive Practice
Nature and Purpose of Business
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Question 1 of 10
⏱ 0:30
Easy
Which of the following best defines 'business' in the context of CBSE Class 11 Business Studies?
Easy
Which of the following is NOT a characteristic of business?
Easy
What is the primary objective of business?
Medium
Which of the following activities is NOT considered a business activity?
Medium
Why is risk considered an inherent feature of business?
Medium
Which of the following best explains the term 'economic activity'?
Medium
Identify the feature of business that involves continuous and regular dealings in goods and services.
Hard
Which of the following is a social objective of business?
Hard
How does business contribute to the economic development of a country?
Hard
Which of the following best describes the relationship between 'business' and 'trade'?