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.

1,176.

Which of the following sources of capital to a business requires mortgaging specific asset

A.

overdraft

B.

ordinary shares

C.

fixed debenture

D.

trade credit

Correct answer is D

No explanation has been provided for this answer.

1,177.

If a country wishes to discourage imports, it

A.

removes quotas

B.

encourages free trade

C.

imposes tariffs

D.

subsidizes exports

Correct answer is B

No explanation has been provided for this answer.

1,178.

The choice of medium used in advertising is not determined by the

A.

cost of using a particular medium

B.

age group to which the medium appeals

C.

nationality of people using the medium

D.

number of people reached by the medium

Correct answer is C

No explanation has been provided for this answer.

1,179.

The Money Market is the

A.

market for long term loans

B.

market for short-term loans

C.

market for government securities

D.

banking hall of commercial banks

Correct answer is B

No explanation has been provided for this answer.

1,180.

Which of the following is the main task of the Marketing Manager whose company has adopted the marketing concept? To

A.

identify and satisfy customer's needs

B.

maintain the company's share of the market

C.

recruit more salesmen

D.

make maximum profit

Correct answer is B

No explanation has been provided for this answer.