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.
The type of labour that makes use of physical effort in production processes is the
unskilled labour
skilled labour
blue-collar job
white-collar job
Correct answer is A
Unskilled labor refers to Work which requires no special training or experience for performing the work adequately, but require physical strength and energy
A business organization must always consider the overall effect of its actions on the
competitor
product
profit
society
Correct answer is D
As a business cooperation, your product should have a positive impact on the society at large.
The provision of quality and safe products which guarantee the health of consumers is an example of
quality control
price control
civic responsibility
social responsibility
Correct answer is A
Quality control; is a system of maintaining standards in manufactured products by testing a sample of the output against the specification.
Modern means of payment is greatly facilitated by
e-commerce
paper money
e-banking
credit transfer
Correct answer is C
E-banking; this is an online banking that allows a user to conduct financial transactions via the Internet. This has greatly impacted business transactions in a way that, sellers and buyers do not necessarily need to be in direct contact before transacting business
Computers that process all data as binary zeros and ones are
analog computers
digital computers
hybrid computers
desktop computers
Correct answer is B
Digital Computers operate in binary, meaning they store data and perform calculations using only zeros and ones. A single binary digit can only represent True (1) or False (0) in boolean logic.Mar 22, 2018