Tag: human activities - commercial and non-commercial activities

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Questions Related to human activities - commercial and non-commercial activities

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

An information which is not supposed to be disclosed by the secretary is secret and confidential.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A secretary is a custodian of secret, confidential and important information of his organization. Since he is closely connected with a top management, he participates in the decision making, policy framing, planning etc. All such important decisions regarding business activities are required to be maintained at top confidential. A secretary keeps all such confidential decisions and executes them at a right time.

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

A person doing secretarial work is an Ancient Indian History was known as Sachiva or Amatya.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In ancient Indian literature and historical documents the words like 'Amatya', 'Sachiva', and 'Chitnis' were used for a secretary. 

Originally, the term 'secretary' was mainly related with the person who does writing work for his master

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

The one who carries out administrative task is known as secretary.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Secretary is a person whose work consists of supporting management , clerical work and supports management with various skills . hence secretary is the one whose carries out administrative tasks.

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

______ means correctness or exactness or perfection in dealing with work.

  1. Adaptability

  2. Accuracy

  3. Tactfulness

  4. Education
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Accuracy means correctness or exactness or perfection in dealing with work. Accuracy is of utmost importance to do any work.

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

A secretary who is also known as personal assistant. 

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

True , a secretary is also known as personal assistanys as they assist the owners of the firm with their daily course of action and manage all their work .

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

State whether the following statement are True or False:
A group of elected/appointed representatives of shareholders who manage a company are called the board of directors.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

True , board of directors are a group of elected officials who are representatives of the shareholders and take the management decisions on their behalf.

Multiple choice elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

State  the following statement is True of False:

Directors are the owners of the company.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Stockholders own shares in companies, which makes them collective owners. They elect a board of directors to lead their companies and look out for their investment interests. Boards have a legal responsibility to govern on behalf of the stockholders and help companies prosper.