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Earn 100

What is the meaning of business?
(a)An occupation related to the production and sale of goods and services.
(b)An activity that involves physical exercise.
(c)An entertainment activity for leisure.
(d)A voluntary service to society.

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Important Questions on Business,Trade and Commerce
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Which management principle suggests the need for fairness and consistency in employee treatment?

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Which style of leadership does not believe in use of power unless it is absolutely essential?

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What does a bearer debenture mean?

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Explain the significance of Taylor's Scientific Management.

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Which of the following is an example of a financial objective of management?

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Explain the concepts of the short run and the long run.

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Distinguish between training and development.

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Define business. Describe its important characteristics.

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Explain the relationship between the marginal products and the total product of an input.

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What is meant by a debenture?

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What is the law of diminishing marginal product?

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What is informal communication?

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What does ‘Issue of debentures for consideration other than cash’ mean?

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What is the total product of an input?

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What is the meaning of ‘Debentures issued as a collateral security’?

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State the meaning of principles of management.

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Explain any five objectives of business.

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What is the role of profit in business?

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What does it mean to issue debentures at a discount and redeemable at a premium?

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What is the law of variable proportions?

