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Questions and Answers
What is the main focus of Class 11 BST Chapter 1?
What is the main focus of Class 11 BST Chapter 1?
- Studying the impact of globalization on small businesses
- Exploring historical trade routes
- Analyzing modern business practices
- Understanding the concept of business, trade, and commerce (correct)
Which factor is emphasized in Class 11 BST Chapter 1 as crucial for the success of a business?
Which factor is emphasized in Class 11 BST Chapter 1 as crucial for the success of a business?
- Understanding consumer needs and preferences (correct)
- Expanding into international markets
- Having a large capital investment
- Implementing advanced technology
What is the significance of studying historical trade routes in Class 11 BST Chapter 1?
What is the significance of studying historical trade routes in Class 11 BST Chapter 1?
- Predicting future economic developments
- Understanding the evolution of trade and commerce (correct)
- Identifying current market trends
- Exploring the impact of technology on trade
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