Question # 1

The activities which are related to the production and distribution of goods and service with the object of earning profit is known as

Business

Trade

Commerce

Organization

What is called the buying of goods or services from abroad?

Export

Import

Trade difference

Trade deficit

What is called the document that sets the constitution of the company and as such the foundation upon which the structure of the company is laid?

Articles of Association

Articles of Corporation

Memorandum of Association

Corporate Identity

What are types of Cartel?

Price fixing cartel

Term fixing cartel

A & B both

None of these

Advertising media:

Internet

Newspapers

Magazines

All of the above

What is called lending and selling of goods with the motive of attaining profit?

Institutional working

Trade

Organization

None of these

NAT II Management Science Business Ethics MCQs With Answers