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 slogan, a wonderful world, used by a communication network is a form of?
product differentiation
persuasive advertising
publicity
packaging
Correct answer is B
persuasive advertising: A type of product promotion that attempts to influence a consumer in favor of a purchasing particular good or service.
Activities undertaken to create awareness for goods by conducting contest is?
marketing concept
consumerism
sales promotion
marketing mix
Correct answer is C
Sales promotion is the process of persuading a potential customer to buy the product. Examples include contests, coupons, freebies, loss leaders, point of purchase displays, premiums, prizes, product samples, and rebates.
The variety of goods and services which a company offers for sale is its?
place mix
promotion mix
price mix
product mix
Correct answer is D
Product mix, also known as product assortment, refers to the total number of product lines a company offers to its customers.
organizational structure
clarity of objective
unity of direction
line structure
Correct answer is A
An organizational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organization. These activities can include rules, roles, and responsibilities. The organizational structure also determines how information flows between levels within the company.
The managerial ability of a supervisor in an organization may be underutilized if the?
morale of the supervised is high
span of control is wide
span of control is narrow
morale of thr supervisor is low
Correct answer is C
No explanation has been provided for this answer.