Business Fundamentals Quiz

Any enterprise which makes, distributes or provides any service needed by the community and for which they are willing to pay (correct)

Any activity in which one keeps himself busy

The sum of total activities connected with the production of goods and services

The state of being busy and engaged in various tasks

Working harder without any specific goal

Fulfilling unlimited wants without any consideration for resources

Achieving maximum profit without considering community needs

Dealing with scarce resources to satisfy human wants (correct)

The purchase and sale of goods and services without any profit objective

The distribution of free services to the community

Efforts and acts of people connected with the production of wealth (correct)

Simply the state of being busy

<p>To earn profit</p> Signup and view all the answers

<p>Making use of scarce resources to satisfy innumerous wants</p> Signup and view all the answers