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.
A post office service which provides an alternative to delivery of mails by a postman is the?
Post Office Box
Postcode
Business Reply Service
Post Office guide
Prepaid Post
Correct answer is A
No explanation has been provided for this answer.
The handling of telephone and telex services is done by?
NITEL
NIPOST
COURIER
NEC
NECA
Correct answer is A
No explanation has been provided for this answer.
The process of selling government business to the public is known as?
naturalization
nationalization
privatization
commercialization
indigenization
Correct answer is C
No explanation has been provided for this answer.
One of the main problems of nationalization is that?
nationals ,may not welcome the change of ownership
foreigners are not able to control the economy
repatriation of profit is increased
there may be capital flight
there will be adverse balance of payment
Correct answer is D
No explanation has been provided for this answer.
When an industry is nationalized, ownership belongs to the?
shareholders
government
tax payers
indigenes
foreigners
Correct answer is B
No explanation has been provided for this answer.