Podcast
Questions and Answers
What are some objectives of businesses as mentioned in the text?
What are some objectives of businesses as mentioned in the text?
- Fame, financial gain, and job satisfaction
- Profit, social consciousness, and power (correct)
- Profit, prestige, and social control
- Prestige, personal satisfaction, and protection
Which of the following is NOT a classification of services as per the text?
Which of the following is NOT a classification of services as per the text?
- Marketing (correct)
- Finance
- Personnel
- Recreation
What are some factors to consider when choosing a business according to the text?
What are some factors to consider when choosing a business according to the text?
- Training and education, special aptitude (correct)
- Competitive situation and personal satisfaction
- Social status of the business, present demand
- Availability of funds and location factors
Which objective of business focuses on the creation and distribution of goods and services?
Which objective of business focuses on the creation and distribution of goods and services?
Under the classification of services in the text, which industry falls under 'Personnel'?
Under the classification of services in the text, which industry falls under 'Personnel'?
What is the main focus of INDUSTRY?
What is the main focus of INDUSTRY?
Which industry involves converting raw materials into finished products?
Which industry involves converting raw materials into finished products?
What kind of activities does COMMERCE primarily involve?
What kind of activities does COMMERCE primarily involve?
Which industry is involved in agriculture, forestry, and fish culture?
Which industry is involved in agriculture, forestry, and fish culture?
In BUSINESS, what is the purpose of buying and selling goods or services?
In BUSINESS, what is the purpose of buying and selling goods or services?
Which industry involves the extraction of goods from natural resources?
Which industry involves the extraction of goods from natural resources?
