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.
Good and services are made available to consumers through
the channel of distribution
sales promotion
the advertising agency
the middle men
Correct answer is A
A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer.
An organization which focuses on consumer satisfaction is practicing
consumerism
market segmentation
selling concept
marketing concept
Correct answer is D
The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition.
One of the characteristics of a good organizational chart is that it should
be rigid
show government policy
facilitate communication
be acceptable
Correct answer is C
Features of a Good Organisational Structure:
The promotion of team spirit in an organization is referred to as
unity of direction
espirit de corps
unity of purpose
discipline
Correct answer is B
Esprit de corps is a feeling of loyalty and pride that is shared by the members of a group who consider themselves to be different from other people in some special way.
Under what management function will the motivation of employees fall
staffing
controlling
organizing
directing
Correct answer is B
No explanation has been provided for this answer.