April 2024
Intermediate to advanced
256 pages
7h 59m
English
Instructions:
1. What is the primary objective of business?
(a) Profit maximization
(b) Wealth maximization
(c) Sales maximization
(d) Customer satisfaction
2. Which type of organization is characterized by the absence of a separate legal entity?
(a) Sole proprietorship
(b) Partnership
(c) Company
(d) Cooperative society
3. The concept of ‘social responsibility of business’ is associated with which management principle?
(a) Planning
(b) Organizing
(c) Directing
(d) Controlling
4. What does SWOT analysis stand for in the context of business studies? ...
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