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.

1,331.

Which of the following is a demerit of advertising?

A.

Increases per-unit cost of goods

B.

Leads to increased profit for producers

C.

Provides information for customers

D.

Reduces per-unit cost of goods

E.

Increases competiton among producers

Correct answer is A

No explanation has been provided for this answer.

1,332.

Business activities responsible for identifying, anticipating and satisfying customer's requirements profitably are called

A.

advertising

B.

public relations

C.

marketing

D.

sales promotion

E.

sales management

Correct answer is C

No explanation has been provided for this answer.

1,333.

Contraband goods seized by the Customs and Excise Authority are kept in the

A.

ordinary warehouse

B.

bonded warehouse

C.

public auctioneer's store

D.

state warehouse

E.

private warehouse

Correct answer is D

No explanation has been provided for this answer.

1,334.

Which of the following defines communication in commerce?

A.

Movement of files

B.

Transmission of information

C.

Movement of people

D.

Storing of information

E.

Distribution of newspaper

Correct answer is B

No explanation has been provided for this answer.

1,335.

Which of the following facilities is very useful to an organization that posts a large number of mails regularly?

A.

Franking machine

B.

Business reply service

C.

Mail transfer

D.

Post restante

E.

Private mail bag

Correct answer is A

No explanation has been provided for this answer.