Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
Which of the following is NOT a reason for business risk?
Which of the following is NOT a reason for business risk?
- Good management (correct)
- Employee dishonesty
- Changes in government policy
- Power failure
What are the two broad categories of business ac?
What are the two broad categories of business ac?
- Business risks and business contingencies (correct)
- Business contingencies and business ventures
- Business risks and business ventures
- None of these
What is the term used to describe the possibilities of inadequate profits or even losses due to uncertainties?
What is the term used to describe the possibilities of inadequate profits or even losses due to uncertainties?
- None of these
- Business contingencies
- Business risks (correct)
- Business ventures
What is the main focus of Chapter 1 in the Business Studies Class 11 syllabus?
What is the main focus of Chapter 1 in the Business Studies Class 11 syllabus?
Signup and view all the answers
What is the purpose of solving MCQs with answers in Business Studies Class 11?
What is the purpose of solving MCQs with answers in Business Studies Class 11?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
Business Risk and Uncertainty
- Business risk refers to the possibilities of inadequate profits or even losses due to uncertainties.
- Uncertainty is a condition where the outcome of an event or situation cannot be predicted with certainty.
Business Accounting Categories
- Business accounting can be broadly categorized into two types.
Business Studies Class 11 Syllabus
- The main focus of Chapter 1 in the Business Studies Class 11 syllabus is to introduce students to the concept of business and its environment.
Importance of MCQs in Business Studies
- Solving MCQs (Multiple Choice Questions) with answers in Business Studies Class 11 helps students to assess their knowledge, identify areas of improvement, and prepare for exams.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
