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Class 12 Commerce Business Studies Concepts
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Class 12 Commerce Business Studies Concepts

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Questions and Answers

What is the primary focus of Class 12 Commerce business studies?

  • Economic theories and models
  • Business management and organization (correct)
  • Marketing strategies and consumer behavior
  • Accounting principles and practices

    • Which of the following is not typically covered in Class 12 Commerce business studies?

  • Macroeconomics and fiscal policy (correct)
  • Entrepreneurship development
  • Financial statement analysis
  • International trade policies

    • In the context of Class 12 Commerce business studies, which term refers to the process of converting inputs into outputs with the aim of earning a profit?

  • Product diversification
  • Value chain management (correct)
  • Cost-benefit analysis
  • Revenue maximization

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