Home › CA Foundation › businessstudies › businessnature › An activity undertaken with the objective of ear…
An activity undertaken with the objective of earning profit by producing or exchanging goods/services is
Aemployment
Bbusiness
Chobby
Dprofession
Answer & Solution
Correct answer: B. business
Business is an economic activity for earning profit through production/exchange of goods or services.
Related questions
The reward for the risk and effort of running a business is'Entrepot trade' refers toTertiary industries are also known asProfit earned by a business serves asWhich is a liability of business ownership that distinguishes a sole proprietor from a comTrade meansBanking helps trade byThe two broad categories of human activities are