Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

686.

The world tourism organization has it headquarters in

A.

New York

B.

Madrid

C.

Paris

D.

London

Correct answer is B

The headquarters of the world tourism organization is located in Madrid, Spain

687.

When an oil exploring and mining company builds a health centre in one community where at operates, such a company is

A.

Carrying favour from local people

B.

finding a way to spend excess profit

C.

Fulfilling part of its social responsibility

D.

Investing its idle fund

Correct answer is C

The health centre the company built is a social amenity and in doing so it is fulfilling parts of is social responsibility to the most community in which it is doing business.

688.

The vessels that operate on specific route on high seas and oceans are

A.

Coastal Liners and Cargo Liners

B.

Cargo Liners and Tramp liners

C.

Passenger liners and Tramp liners

D.

Passenger Liners and Cargo Liners

Correct answer is D

Ocean liners are vessels that operate on specific on high seas and oceans and they operate on fixed time schedule

690.

An advertising campaign designed to sell one's own products at the expense of other brands is

A.

competitive

B.

persuasive

C.

direct

D.

informative

Correct answer is A

Competitive advertising is an effort by at least one company to create a contrast between its product and the same or similar product offerings by competitors. By establishing a contrast for the consumer and trying to influence the consumer's buying choice, this company hopes to obtain a larger market share.