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MGT211 - Introduction To Business

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MGT211 Introduction To Business MCQs

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------------ separates the organization from its environment.
  • external environment
  • multiple environment
  • economic environment
  • organizational boundaries
  • internal environment
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A good business person must have the knowledge about ---------- skills.
  • personal
  • technical
  • leadership
  • decision making
  • hardworking
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Commerce can be----------------
  • trade
  • aids to trade
  • trade and aids to trade
  • home trade
  • retail trade
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------------- is the second component of business.
  • commerce
  • industry
  • primary industry
  • secondary industry
  • trade
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--------is connected with the production and preparation of goods and services.
  • business
  • system
  • social process
  • industry
  • commerce
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-------------- is the lifeblood of every business.
  • goods
  • wealth
  • capital
  • buying
  • selling
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