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.

1,961.

The retail of goods through currency operated machines is known as?

A.

mail order business

B.

automatic vending

C.

party selling

D.

impulse buying

E.

merchandising

Correct answer is B

No explanation has been provided for this answer.

1,962.

An alternative term for ordinary shares is?

A.

unit trust

B.

gilt-edged securities

C.

equities

D.

bonus issues

E.

right issues

Correct answer is C

No explanation has been provided for this answer.

1,963.

Commerce is not concerned with?

A.

changing the place ofa product

B.

changing the form ofa product

C.

changing ownership of a product

D.

distribution of a product

E.

warehousing of a product

Correct answer is B

No explanation has been provided for this answer.

1,964.

The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies?

A.

organising

B.

planning

C.

communicating

D.

directing

E.

coordinating

Correct answer is C

No explanation has been provided for this answer.

1,965.

Which of the following belongs to the capital market?

A.

Commercial bank

B.

Stock exchange

C.

Ministry of Finance

D.

Chamber of Commerce

E.

Discount House

Correct answer is B

No explanation has been provided for this answer.