11th Principles of Commerce MCQS
The businessman is
A trader
A trader, producer and distributor
A producer
A distributor
A person who deals in ready made items is
Distributor
Worker
Trader
Manufacturer
The objective of non-economic activities is to
Earn profit
Serve the society beside spiritual satisfaction
Earning the fame
serve the society
A business takes into account the following activities
Economic
None of these
Social
Non-economic
Income from business is called
Interest
Utility
Satisfaction
Profit
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