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question_answer1) 1. Explain the characteristics of a business.
question_answer2) 2. Compare business with profession and employment.
question_answer3) 3. Explain with examples the various types of industries.
question_answer4) 4. Describe the activities relating to commerce.
question_answer5) 5. Why does business need multiple objectives? Explain any five such objectives.
question_answer6) 6. Explain the concept of business risk and its causes.
question_answer7) 7. What factors are important to be considered while starting a business? Explain.
question_answer8) 8. Define profession. Discuss its salient features.
question_answer9) 9. Explain the economic and social objectives of the business.
question_answer10) 10. Define commerce. Discuss its importance in the business world.
question_answer11) 11. "No business is risk free.' Do you agree? Justify your answer, mentioning the nature and causes of business risk.
question_answer12) 12. Write a detailed note n history of trade n India.
question_answer13) 13. Explain the role of merchant bankers for a business in India.
question_answer14) 14. "Economic and non-economic activities don't substitute, but complementary to each other." Do you agree? Explain.
question_answer15) 15. If you need to start doing an economic activity to earn livelihood for your family, which one would you like and why?
question_answer16) 16. If one starts a business, which objective will be of utmost importance to you and why?
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