Tag: classification of busniess activities

Questions Related to classification of busniess activities

Multiple choice business organisation and correspondence classification of busniess activities concept and types of commerce and industry nature of industries and commerce operative activities in business business as an activity meaning and types of trade trade and aids to trade

Premises which are absolutely beyond the clutch of business enterprises are ________________.

  1. Non-controllable

  2. Controllable premises

  3. Avoidable premises

  4. (B) or (C)

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Non-controllable premises refer to external environmental factors, such as government policy or natural disasters, which a business cannot influence or control.

Multiple choice business organisation and correspondence classification of busniess activities concept and types of commerce and industry nature of industries and commerce operative activities in business business as an activity meaning and types of trade trade and aids to trade

Activities involved in physical involvement of goods from the factory to market etc. is called _____________.

  1. logistics

  2. Merger

  3. Mission

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Logistics is the management of the flow of goods between the point of origin and the point of consumption to meet requirements of customers or corporations.