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Which of the following is an example of a product-based business?

Answer and explanation

Correct answer: Selling notebooks and pencils

A product-based business mainly offers tangible goods that customers can see, own, and use. Notebooks and pencils are physical products exchanged for money, so selling them is a clear example of product business. Giving advice, singing, or providing directions mainly involves an activity or service rather than a tangible good. Therefore, option A is the only suitable answer.

Related tags

Product-BusinessGoodsServicesClassification Of Business ActivitiesBusinessTrade And CommerceBusiness Trade And CommerceBusiness StudiesClass 11 Mcq

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