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Business Basics

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Questions and Answers

Which term is business derived from?

Businesslike

Businesswoman

Busy (correct)

Businessman

What does business refer to in a specific sense?

Satisfying human needs

Being busy

Earning profits (correct)

Engaging in economic activities

How are economic activities different from non-economic activities?

Economic activities satisfy human needs

Economic activities involve earning a livelihood (correct)

Non-economic activities are related to purchase and sale of goods

Non-economic activities involve love and sentiment

How can business be defined?

<p>An occupation involving production and sale of goods and services</p> Signup and view all the answers

What are economic activities performed for?

<p>Earning profits</p> Signup and view all the answers

Business Basics

Choose a study mode

Podcast

Questions and Answers

Which term is business derived from?

What does business refer to in a specific sense?

How are economic activities different from non-economic activities?

How can business be defined?

What are economic activities performed for?

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