Tag: economic and non-economic activities

Questions Related to economic and non-economic activities

An information which is not supposed to be disclosed by the secretary is secret and confidential.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

A secretary is a custodian of secret, confidential and important information of his organization. Since he is closely connected with a top management, he participates in the decision making, policy framing, planning etc. All such important decisions regarding business activities are required to be maintained at top confidential. A secretary keeps all such confidential decisions and executes them at a right time.

A person doing secretarial work is an Ancient Indian History was known as Sachiva or Amatya.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

In ancient Indian literature and historical documents the words like 'Amatya', 'Sachiva', and 'Chitnis' were used for a secretary. 

Originally, the term 'secretary' was mainly related with the person who does writing work for his master

A type of secretary appointed for an individual is personal secretary.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

A personal secretary is an individual appointed to assist ta specific person with their daily business or tasks. 

The one who carries out administrative task is known as secretary.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

Secretary is a person whose work consists of supporting management , clerical work and supports management with various skills . hence secretary is the one whose carries out administrative tasks.

______ means correctness or exactness or perfection in dealing with work.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. Adaptability

  2. Accuracy

  3. Tactfulness

  4. Education

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Correct Option: B
Explanation:

Accuracy means correctness or exactness or perfection in dealing with work. Accuracy is of utmost importance to do any work.

A person employed by an individual is known as secretary.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

A person employed by an individual for his personal assistance in his daily course of work is known as secretary.

Personal is an oldest type of secretary.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

Personal assistance or secretary id the oldest type of secretary as old as human civilisation.

A secretary who is also known as personal assistant. 

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

True , a secretary is also known as personal assistanys as they assist the owners of the firm with their daily course of action and manage all their work .

State whether the following statement are True or False:
A group of elected/appointed representatives of shareholders who manage a company are called the board of directors.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: A
Explanation:

True , board of directors are a group of elected officials who are representatives of the shareholders and take the management decisions on their behalf.

State  the following statement is True of False:

Directors are the owners of the company.

elements of business classification of human activities characteristics of business activities economic and non-economic activities human activities - commercial and non-commercial activities

  1. True

  2. False

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Correct Option: B
Explanation:

Stockholders own shares in companies, which makes them collective owners. They elect a board of directors to lead their companies and look out for their investment interests. Boards have a legal responsibility to govern on behalf of the stockholders and help companies prosper.