Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is a demerit of advertising?
Increases per-unit cost of goods
Leads to increased profit for producers
Provides information for customers
Reduces per-unit cost of goods
Increases competiton among producers
Correct answer is A
No explanation has been provided for this answer.
advertising
public relations
marketing
sales promotion
sales management
Correct answer is C
No explanation has been provided for this answer.
Contraband goods seized by the Customs and Excise Authority are kept in the
ordinary warehouse
bonded warehouse
public auctioneer's store
state warehouse
private warehouse
Correct answer is D
No explanation has been provided for this answer.
Which of the following defines communication in commerce?
Movement of files
Transmission of information
Movement of people
Storing of information
Distribution of newspaper
Correct answer is B
No explanation has been provided for this answer.
Franking machine
Business reply service
Mail transfer
Post restante
Private mail bag
Correct answer is A
No explanation has been provided for this answer.