TN STATEBOARD 11th COMMERCE CHAPTER 2
TEST
OBJECTIVES OF BUSINESS CHAPTER TEST
TEST –2
PADVIKSHA BLOG
TIME:
1 HOUR 15 Minutes
TOTAL MARKS: 25
I
Multiple Choice Questions (MCQ) (Mark- 5 x 1 = 5)
Write
all questions
1. The following does not characterize business
activity?
a) Production of goods and services
b) Presence of Risk
c) Sale or exchange of goods and
services
d) Salary or wages
2. Activities undertaken out of love and
affection or with social service motive are termed as:
a) Economic activities
b) Monetary activities
c) Non - Economic Activities
d) Financial Activities
3. The reward for doing a business is
________
a) Profit
b) Gain
c) Loss
d) Risk
4. Large scale units require ________
capital
a) Big
b) Few
C) Small
d) Huge
5. The Primary objective of a business
is
a. Making Profit
b. Not Making Profit
c. Special skill
d. None of the above
II Very short answer questions. (3x2=6)
Write
Any 3 Questions:
1. Define Economic Activities
2. What are the source of initiation for
the Economic and Non-economic activities?
3. State one examples of each Economic
and Non- Economic activity.
4. How Business Activities are classified?
5. What do you mean by Business?
III Short answer questions. (3 X 3 = 9)
WRITE
ANY 3 QUESTIONS
1. Write a note on:
· Private Enterprises
· Public Enterprises
· Joint Enterprises
2. Explain the classification of
‘Business’
3. Briefly state the human objectives of
a business.
4. What are the activities based on
function?
5. Do you know that there are white
collar, blue collar, pink collar jobs? Collect the information and discuss.
IV. Long Answer question (1 x 5 = 5)
WRITE
ANY ONE QUESTION
1. Compare business with profession and employment.
2. Discuss any five objectives of
business