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.
The taking over by state of ownership and control of certain business enterprises is known as?
indigenization
nationalization
privatization
commercialization
rationalization
Correct answer is B
No explanation has been provided for this answer.
The accomplishment of a good company's objective by guiding and motivating subordinates is known as?
Planning
Organizing
Managing
Controling
Directing
Correct answer is E
No explanation has been provided for this answer.
A holding company assumes control of its subsidiaries through?
taking over routine administration
becoming the principle customer
majority shareholding
paying all the debts outright
taking over only the assets
Correct answer is C
No explanation has been provided for this answer.
Planning
Organization
Co-ordinating
Motivating
Delegating
Correct answer is A
No explanation has been provided for this answer.
The main object of a cartel agreement is to control?
output to maintain price
directors to achieve higher profits
workers to increase output
requirement to cut cost
shareholders to maintain shares
Correct answer is A
No explanation has been provided for this answer.