Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The sole purpose of production is?
employment
promotion
consumption
competition
enterprising
Correct answer is C
No explanation has been provided for this answer.
The major divisions of commerce are?
import, export and banking
home trade and foreign trade
trade and aids to trade
exchange, consumption and production
trade and banking
Correct answer is C
No explanation has been provided for this answer.
decentralization
diversification
commercialization
specialization
rationalization
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a commercial service?
Transporting
Garri processing
Oil drilling
Lumbering
Tailoring
Correct answer is A
No explanation has been provided for this answer.
Retail outlets which sell from specialized vans are?
Super markets
multiple shops
mail order firms
department stores
mobile shops
Correct answer is E
No explanation has been provided for this answer.