Question # 1

Basic objective of business is

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Exchange of goods

To earn profit

Service to society

Change in memorandum of association is possible by

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Shareholders

Promoters

Government

Directors

Word trade means

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The exchange of goods

The purchasing and selling of goods

The business

The production of goods

The letter written for the acquisition of information is

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Circular letter

Inquiry letter

Agency letter

Quotation letter

The persons who form the joint stock company

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Shareholders

Promoters

Mangers

Auditors

The kind of human activities are

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Three

Four

Two

Five

Sole proprietorship is suitable for

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Large scale business

Medium scale business

Small scale business

For all of these

Through advertisement new goods are

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Produced

Sold

Introduced

Spoiled

Retailer sells the goods to

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Consumers

Hawkers

Industrialist

Wholesaler

Development of National Trade solves the problems of

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Water

Unemployment

Illiteracy

All of these

Which business organization can sale its shares to public:

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Partnership

Private Limited Company

Sole proprietorship

Public Limited Company

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