Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is not a function of commerce?
Facilitates mass production of goods
Assists in raising capital
Creates goods and services
Offers employment
Correct answer is B
No explanation has been provided for this answer.
Commerce can be defined as the
exchange of goods and services
distribution and exchange of goods and services
distribution of services at home
export of services
Correct answer is A
No explanation has been provided for this answer.
A document showing that a person has shipped certain goods through a named ship is
bill of lading
bill of exchange
dock warrant
bill of entry
Correct answer is A
No explanation has been provided for this answer.
A specialist on the stock exchange who buys and sells securities in his own name is a
Stag
Bull
Broker
Jobber
Correct answer is D
No explanation has been provided for this answer.
Which of the following refers to the division of market into identifiable sub-markets
Market research
Market segmentation
Market penetration
Marketing mix
Correct answer is B
No explanation has been provided for this answer.