Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
A group of public limited companies that commonly own a joint venture is known as
holding company
consortium
cartel
trust
merger
Correct answer is B
No explanation has been provided for this answer.
One of the features of a supermarket is
having similar shop fronts
having many shops under one root
selling common household goods
having central control from headquarters
selling without shops
Correct answer is C
No explanation has been provided for this answer.
The allowance given to a retailer to enable him make a profit is known as
interest
commission
trade discount
cash discount
dividend
Correct answer is C
No explanation has been provided for this answer.
Which of the following is the main tool of mass selling
public relations
personal selling
Consumer research
Customer orientation
Advertising
Correct answer is E
No explanation has been provided for this answer.
The face to face contact between sellers and buyers with the aim of selling a product is known as
personal selling
customer cordination
promotion
advertising
public relation
Correct answer is A
No explanation has been provided for this answer.