Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
In a typical manufacturing enterprises, the line function is performed by the
Public relations department
Marketing Department
Estate or Properties Department
legal Department.
Correct answer is B
The marketing department does public relations i.e the public relations department is part of the marketing department
A machine which enables sales without the physical presence of sales attendant is a
Telex Machine
Fax Machine
Vending Machine
Computer machine
Correct answer is C
The vending machine is a retails machine that release the product to the tune of the amount of money slotted into the machine and the product indicated by the consumer.
non-resident s of a country travel within it.
non- resident of a country travel to other countries
resident of a country travel within it
Residents of a country travel to other countries.
Correct answer is C
It involves the movement of tourist within their country of residence tourist resident in Nigeria for instance travelling within.
Second-tier securities market differs from the first-tier securities market in that the former is
highly restricted
Regulated by SEC
Regulated by NIPC
less restricted.
Correct answer is A
The First Tier Securities Market provides a forum for buying and selling of shares of companies in the market. There are for well established large scale. companies. while the Second-Tier Securities Market (SSM) is a second market established by The Stock Exchange to list the securities of smaller companies which are unable to meet the requirements for listing on the more stringent segment (main market) of the Exchange. This means the first tier is more strict and restricted in their activities than the second-tier.