Business Organisation Basics Quiz

<p>Non-Economic Activities</p> Signup and view all the answers

<p>The characteristics of Business Organisation include activities related to production, exchange, distribution, and consumption of wealth. The objectives of Business Organisation are to generate income, produce goods for consumption, and contribute to economic activities.</p> Signup and view all the answers

<p>Business</p> Signup and view all the answers

<p>The types of economic activities mentioned in the text are profession, employment, and business.</p> Signup and view all the answers

<p>Non-economic activities are human activities related to social welfare and sentimental pleasures. Examples include social activities, charity work, and activities aimed at satisfying sentimental pleasures.</p> Signup and view all the answers

<p>The evolution of Business Organisation refers to the historical development and changes in the organization of businesses over time, adapting to new economic, social, and technological environments.</p> Signup and view all the answers

<p>The term 'profession' refers to activities that require special knowledge and skills, mastered by individuals for their livelihood.</p> Signup and view all the answers