CA Foundation Businessnature — practice questions

Explore 2 free Businessnature questions in CA Foundation Business Studies. Open each question or exercise to read its content, reference answers and available explanation.

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Businessnature questions and exercises with answers

Showing questions 1–2 of 2.

Match each kind of human activityRead the answer and worked solution →True or false: the nature of businessRead the answer and worked solution →

Worked practice questions

Match each kind of human activity

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Matching pairs

Left
Business
Right
Producing or buying goods to earn profit
Left
Profession
Right
Work needing special training and a code
Left
Employment
Right
Working for another in return for a wage

Instructions

Tap a term on the left, then tap what it means.

_Source: syllabus Business Studies Foundations of Business, Foundations of Business_

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True or false: the nature of business

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Questions

Statement is true
Yes
Statement
Business involves the production or exchange of goods and services.
Statement is true
Yes
Statement
A business carries risk and uncertainty of return.
Statement is true
No
Statement
A single isolated transaction makes someone a businessperson.
Statement is true
Yes
Statement
Earning profit is a central motive of business activity.

Instructions

Decide whether each statement about business is true or false.

_Source: syllabus Business Studies Foundations of Business, Foundations of Business_

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