GK
BUSINESS ECONOMICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Mr. A organising a birthday party for his son is a ____ activity, whereas Mr. A organising a birthday party for a client is an ____ activity.
|
|
non-economic, economic
|
|
|
economic, non-economic
|
|
|
Either A or B
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -The economic environment includes economic conditions, economic policies and economic system of the country. Non-economic environment comprises social, political, legal, technological, demographic and natural environment.
Detailed explanation-2: -One can broadly classify five distinct examples of economic activities. These activities are producing, supplying, buying, selling, and the consumption of goods and services.
There is 1 question to complete.