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Trade Routes and Business Success
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Trade Routes and Business Success

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Questions and Answers

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?

  • 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?

  • 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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