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Question
Which of the following is not an expectation of competitive competitors?
Options
Fair trade practices regarding price, quality and services
An atmosphere of healthy competition and ethical behaviour
Respect for Intellectual Property Rights
All of the above
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Solution
All of the above
Explanation:
All the options listed are expectations of competitive competitors. Each of these elements contributes to a competitive business environment where companies operate fairly and ethically.
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Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
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| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (c) | Shareholders | iii | Provide physical and mental efforts |
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