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.
an industrial undertaking
creation of utility
earning ones daily bread
the changing of raw materials
Correct answer is B
No explanation has been provided for this answer.
Which of the following coordinates other factors of production to achieve set objectives?
Land
Labour
Enterprenuer
Capital
Correct answer is C
No explanation has been provided for this answer.
Farming is an activity that falls under?
tertiary occupation
commercial occupation
extractive occupation
secondary occupation
Correct answer is C
No explanation has been provided for this answer.
Which of the following is an advantage of indigenization?
Checks exploitation by citizens
Business risk are shared
Fosters self-reliance
Leads to monopoly of power
Correct answer is C
No explanation has been provided for this answer.
The form of trade practised by the early men was characterized by?
exchange of goods for money
efficient distribution system
exchange of goods for goods
organized warehousing
Correct answer is C
No explanation has been provided for this answer.