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.
Business losses in nationalized industries are borne by the
Shareholders
Debenture holders
Board of directors
Public
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not an economic grouping?
ECOWAS
GATT
ECOMOG
EEC
Correct answer is C
No explanation has been provided for this answer.
The task of grouping consumers according to their buying habits is known as market
diversification
development
expansion
segmentation
Correct answer is D
No explanation has been provided for this answer.
Direct selling by a producer to a consumer is possible when the
goods have to be made on demand
manufacturer has a good knowlegde of the market
customer buys in small quantities
goods are fashionable
Correct answer is A
No explanation has been provided for this answer.
A manufacturer of machinery who wants to reduce cost of promotion can use
samples
public relations techniques
showrooms
catalogues
Correct answer is D
No explanation has been provided for this answer.