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.

1,481.

A group of public limited companies that commonly own a joint venture is known as

A.

holding company

B.

consortium

C.

cartel

D.

trust

E.

merger

Correct answer is B

No explanation has been provided for this answer.

1,482.

One of the features of a supermarket is

A.

having similar shop fronts

B.

having many shops under one root

C.

selling common household goods

D.

having central control from headquarters

E.

selling without shops

Correct answer is C

No explanation has been provided for this answer.

1,483.

The allowance given to a retailer to enable him make a profit is known as

A.

interest

B.

commission

C.

trade discount

D.

cash discount

E.

dividend

Correct answer is C

No explanation has been provided for this answer.

1,484.

Which of the following is the main tool of mass selling

A.

public relations

B.

personal selling

C.

Consumer research

D.

Customer orientation

E.

Advertising

Correct answer is E

No explanation has been provided for this answer.

1,485.

The face to face contact between sellers and buyers with the aim of selling a product is known as

A.

personal selling

B.

customer cordination

C.

promotion

D.

advertising

E.

public relation

Correct answer is A

No explanation has been provided for this answer.