Class 12 Business Studies Chapters 1-5, 12 wbchse
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Questions and Answers

Which of the following is a characteristic of a monopoly market structure?

  • Few sellers with differentiated products
  • Many sellers with identical products
  • Single seller with no close substitutes (correct)
  • Many sellers with similar but not identical products

    • What is the primary purpose of a SWOT analysis in business?

  • To determine production costs and profit margins
  • To identify potential market segments for expansion
  • To assess internal strengths and weaknesses, and external opportunities and threats (correct)
  • To analyze sales trends and customer preferences

    • Which of the following is an example of a non-cash expense in financial accounting?

  • Net income
  • Depreciation (correct)
  • Inventory turnover
  • Accounts receivable

    • Study Notes

    Which of the following is a characteristic of a monopoly market structure? What is the primary purpose of a SWOT analysis in business? Which of the following is an example of a non-cash expense in financial accounting?

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    Description

    Test your knowledge of business concepts covered in chapters 1-5 and 12 of the Class 12 Business Studies curriculum.

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