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Business Studies

Multinational Corporation and Its Features

is that type ...

Question

_______ is that type of business unit which is carried out with the motive of earning profits

A

Private sector

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B

Public sector

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C

Mixed sector

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D

None of the above

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Solution

The correct option is A
Private sector

Private sector is that type of business units which are carried out with the motive of earning profits.

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Similar questions

Q. Answer the following is Yes or No:
(a) A business activity can be carried out without sale or exchange.
(b) Business involves the creation of utilities.
(c) A business activity may be without a profit motive.
(d) Risk is an essential element of every business activity.
(e) Earning profit is the sole objective of business.
(f) Business is an economic activity.
(g) Profession involves greater risk than business.

Q. The purposes of business that goes beyond earning profits _____.

Profit is the only motive behind a business activity.

Q. The purpose(s) of business that goes beyond earning profits _____________.

Q. _________________ includes activities concerned with production, purchase, sale or distribution of goods and services with a motive of earning profit.

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