Practice Introduction to Commercial Organisations - 1 | 1. Introduction to Commercial Organisations | ICSE Class 9 Commercial Applications
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1 - Introduction to Commercial Organisations

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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define a commercial organisation.

💡 Hint: What is the main purpose of these businesses?

Question 2

Easy

What is the main objective of a sole proprietorship?

💡 Hint: Who has the control in this type of business?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary goal of a commercial organization?

  • Customer satisfaction
  • Profit earning
  • Social Responsibility

💡 Hint: What do these businesses ultimately aim to achieve?

Question 2

True or False: Sole proprietorships have unlimited liability.

  • True
  • False

💡 Hint: Think about who is responsible for the business debts.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Assess how a public sector enterprise like Indian Railways impacts the economy compared to a joint stock company.

💡 Hint: Consider their roles in employment, service delivery, and economic growth.

Question 2

Evaluate the advantages and disadvantages of choosing a sole proprietorship over a joint stock company.

💡 Hint: Think about control, liability, and ease of raising funds.

Challenge and get performance evaluation