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.
proximate cause
insurable interest
insurance priority
subrogation
Correct answer is C
No explanation has been provided for this answer.
Communication is relevant to business activities because it
creates wealth for people
reduces the cost and risk of travelling
connects people
enhances delivery of goods and servicess
Correct answer is C
Effective communication can help to foster a good working relationship between you, your staff and customer which can in turn improve morale and efficiency.
Printed messages sent by cable are recorded as
telegram
SMS
telex
MMS
Correct answer is A
Telegram is a message sent by telegraph and then delivered in written or printed form
A current account holder pays fees for services in form of
bank charges
interest rates
commission on turnover
minimum lending rate
Correct answer is A
The term bank charge covers all charges and fees made by a bank to their customers. The term often relates to charges in respect of personal current accounts or checking account.
The most effective type of advertising for branded products is
mass advertising
persuasive advertising
informative advertising
competitive advertising
Correct answer is C
Informative advertising is the delivery of advertising messages through mass media with the intent of informing a target market about the benefits offered by a product