Teaching Business Studies Introduction to Business Question Bank MCQ - Introduction to Business

  • question_answer
    Consider the following statement(s).
    I. Productivity can be made better only when the available resources are properly utilised.      
    II. Business is expected to make the best possible use of scarce resources.
    III. Business being an economic activity has mainly concerned with the objective of earning profit.
    Which of the statement(s) given above is/are correct?

    A) I and II 

    B)  II and III

    C) I and III

    D)  All of these

    Correct Answer: D


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