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…………………………………. originated through direct production. Trade originated due to…………………………………(b) Commerce is the combination of ………………………………… and …………………………….17. (a) Business organizations face ……………………………. to earn profit and it is called as…………………………………(b) ………………………………. developed due to ………………………….. occurred in 18th century.18. (a) The business environment which can be controlled by business is called as …………………………….and the business environment which affects the cost of a business is called as…………………………………(b) Wastes generated in ………………………… and in ………………………. are a great globalchallenge at present.19. (a) The intervention of government on businesses takes place through central, ……………………………..and ………………………………. levels of government.(b) …………………………………. means the equal distribution of gross production of the country amongthe total population of the country. Further, ………………………… stabiluty occurs by controllinginflation in the economy

Question

…………………………………. originated through direct production. Trade originated due to…………………………………(b) Commerce is the combination of ………………………………… and …………………………….17. (a) Business organizations face ……………………………. to earn profit and it is called as…………………………………(b) ………………………………. developed due to ………………………….. occurred in 18th century.18. (a) The business environment which can be controlled by business is called as …………………………….and the business environment which affects the cost of a business is called as…………………………………(b) Wastes generated in ………………………… and in ………………………. are a great globalchallenge at present.19. (a) The intervention of government on businesses takes place through central, ……………………………..and ………………………………. levels of government.(b) …………………………………. means the equal distribution of gross production of the country amongthe total population of the country. Further, ………………………… stabiluty occurs by controllinginflation in the economy

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Solution

  1. (a) Business organizations face "risks" to earn profit and it is called as "business risk". (b) "Industrialization" developed due to "technological advancements" occurred in 18th century.

  2. (a) The business environment which can be controlled by business is called as "internal environment" and the business environment which affects the cost of a business is called as "external environment". (b) Wastes generated in "industries" and in "urban areas" are a great global challenge at present.

  3. (a) The intervention of government on businesses takes place through central, "state" and "local" levels of government. (b) "Income equality" means the equal distribution of gross production of the country among the total population of the country. Further, "economic" stability occurs by controlling inflation in the economy.

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