What is a business

A business is Aha — aad bay u fiican tahay. Waxaad rabtaa in aan kuu diyaariyo cutub walba wallpaper (macnaha su’aalaha iyo jawaabaha cutub walba si quruxsan oo isku mar ah), sax?

Aan hadda ku bilaabo Cutubka 1: Introduction to Business — su’aalo iyo jawaabo si kooban oo cad:

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Form 3 Business Studies

Chapter 1: Introduction to Business

Questions & Answers

1. What is a business?
Answer: A business is any activity that involves producing, buying, or selling goods and services to make a profit.

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2. List four types of businesses.
Answer:

1. Manufacturing business

2. Service business

3. Trading business

4. Agricultural business

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3. Mention four importance of business to a country.
Answer:

1. Creates employment

2. Increases government revenue through taxes

3. Provides goods and services

4. Improves the standard of living

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4. What is the main aim of any business?
Answer: The main aim is to make a profit.

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5. Differentiate between goods and services.
Answer:

Goods are physical products you can touch and see (like clothes, food).

Services are activities done for others in exchange for payment (like transport, teaching).

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6. State two classifications of business activities.
Answer:

1. Production

2. Commerce

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7. What is commerce?
Answer: Commerce is the buying and selling of goods and services and all activities that support trade.

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8. Define production.
Answer: Production is the creation of goods and services to satisfy human wants.

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9. Give two examples of a service business.
Answer:

1. Transport company

2. Hotel or restaurant

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10. Why is business important to people?
Answer: It provides jobs, goods, services, and improves living standards.

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Haddii aad rabto, waxaan sidaan oo kale kaaga diyaarin karaa Chapter 2.
Ma kuu sii diyaariyaa Chapter 2?