Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The reduction in the value of a country's currency in relation to other country's currencies is
devaluation
inflation
deregulation
fluctuation
Correct answer is A
No explanation has been provided for this answer.
promotion
marketing
segmentation
penetration
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not reason for nationalization
Encouraging foreign investors
Reducing the remittance of profits abroad
Training local enterpreneus
Controlling the country's key industries
Correct answer is A
No explanation has been provided for this answer.
The process of putting goods in attractive packets to arouse the interest of customers is
collation
wrapping
branding
packaging
Correct answer is B
No explanation has been provided for this answer.
The monopoly right granted to an inventor is a
trademark
brand name
patent
copyright
Correct answer is C
No explanation has been provided for this answer.