Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,506.

The most important function of commerce is in?

A.

enhancing business relationships

B.

helping people to improve their profits

C.

facilitating exchange among individuals and firms

D.

assisting trade through banking and insurance

Correct answer is C

 commerce plays an important role in the distribution of goods. It makes available to the users goods produced in different parts of a country as well as from other countries.

2,507.

One way by which a business can discharge its social responsibility to its community is to?

A.

hold monthly meetings of its customers

B.

building houses for its executives

C.

award scholarship to staff children

D.

build public health centres

Correct answer is D

Social responsibility is an ethical theory in which individuals are accountable for fulfilling their civic duty, and the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment. Option D is the correct option

2,508.

A device that enables the downloading of information from the internet is the?

A.

floppy drive

B.

compact disk

C.

modem

D.

bluetooth

Correct answer is C

Modem is short for "Modulator-Demodulator." It is a hardware component that allows a computer or another device, such as a router or switch, to connect to the Internet. 

2,509.

The major problem confronting Cyber Cafe operators is?

A.

advance fee fraud by clientele

B.

poor network coverage

C.

high operating costs

D.

copyright voilations by clients

Correct answer is C

No explanation has been provided for this answer.

2,510.

The central working system of a computer used for data processing is the?

A.

memory unit

B.

monitor

C.

floppy disk drive

D.

hard drive

Correct answer is B

Central processing unit (CPU), principal part of any digital computer system, generally composed of the main memory, control unit, and arithmetic-logic unit.