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 partnership agreement specifying the relationship amongst partners is called?
article of association
memorandum of association
partnership act
partnership deed
certificate of incorporation
Correct answer is D
No explanation has been provided for this answer.
a study to discover consumers preferences and needs is called?
marketing
consumer orientation
market research
marketing mix
market demand
Correct answer is B
No explanation has been provided for this answer.
Which of the following is an aspect of the marketing concept?
product orientation
sales orientation
consumer orientation
mass production
mass distribution
Correct answer is B
No explanation has been provided for this answer.
The authorised capital of a company is also referred to as it's?
called-up capital
issued capital
subscribed capital
nominal capital
unissued capital
Correct answer is D
No explanation has been provided for this answer.
The main source of income for a limited liability company is?
bank overdraft
government subsidy
undistributed profit
bank loan
share subscrptions
Correct answer is E
No explanation has been provided for this answer.