NAVRACHANA VIDYANI VIDYALAYA

Organization of Commerce and Management

Std: XI-General
Assignment
Chapter:1 Nature, Purpose and scope of busines

1. Explain the difference between economic and non- economic activity.

2. Explain the different type of economic activity.

3. What is business? Explain its characteristics in short.

4. How does the business activity create different type of utility?

5. Differentiate between trade and commerce.

6. Explain the nature and the reasons of risks in the business.

7. Give the meaning of employment and explain its characteristics.

8. Differentiate between internal and external trade.

9. State the meaning of industry and explain its types.

10.What is the objective of social responsibility of business?

11.Which industry is helpful primary and secondary industry?

12.Compare business, profession and employment.

13.Explain- Foreign trade is more complicated than the internal trade.

14.Explain-Profit is a reward against business risks.

15.State the other objectives of business.