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WORK
SHEET ON - NATURE AND PURPOSE OF BUSINESS
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NAME OF THE STUDENT
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NAME OF SUBJECT
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ROLL NUMBER
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NAME OF SCHOOL
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TOTAL MARKS: 50
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MARKS SCORED:
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TIME: 2 hrs.
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Instructions
1) Read all questions carefully before writing answers
2) Limit your answers as per the marks of each question
3) Manage time according to the level of question
4) Express your right valuable points as answer
5) Write the exam without any tension by recalling all the points.
6) Try to attempt all the questions.
7) The number inside the bracket shows marks for each question.
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QUESTIONS & ANSWERS
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MARKS
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Q 1. What is Business? [ 1 ]
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Q 2. List out the examples for
Economic And Non-Economic Activities [ 3 ]
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Q 3. Explain the following terms
[ 4 ]
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Commerce
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Trade
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Industry
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Profession
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Q 4. Differentiate the terms
Business , Profession & Employment [ 3 ]
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Q 5. Summaries the types of manufacturing Industry [4]
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Q 6. List out the Auxiliaries to
trade
[2]
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Q 7. Briefly explain the types
of Trade [4]
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Q 8. Explain the objectives of
business [6]
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Q 9. What you mean by Entrepot
Trade? [3]
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Q 10. Differentiate the
terms Trade & Commerce [2]
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Q 11. Explain the types of Primary
Industries [4]
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Q 12. Explain the term Tertiary
Industry with example [2]
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Q 13. What are the factors to be
considered before selecting a business Organisation [8]
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Q 14. Explain the different
causes of Business Risk
[4]
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Remarks & Suggestions for Students:
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