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.

2,556.

The economic environment of a business is concerned with?

A.

climate conditions

B.

changing values

C.

the growth rate

D.

the interest rate

Correct answer is C

Economic environment of business is made up of all the external economic factors that influence buying habits of consumers and businesses and affect the performance of a company.

2,557.

A customer with XYZ Plc sent money through his account to his sister's account in another branch.
This is an example of?

A.

e-business

B.

e-commerce

C.

e-finance

D.

e-banking

Correct answer is D

E-banking is a method of banking in which a bank customer conducts financial transactions electronically via the internet. With the e-banking platforms, a customer can send money from their accounts to any other bank without being physically present in the bank.

2,558.

The primary memory component of a computer is the?

A.

cache

B.

console

C.

assemblers

D.

compilers

Correct answer is A

Primary storage (also known as main memory ) is the component of the computer that holds data, programs, and instructions that are currently in use. It is accessed directly by the CPU. This includes several types of memory, such as the processor cache and system ROM.

2,559.

The process of eliminating a virus from a computer program is?

A.

programming

B.

debugging

C.

formating

D.

looping

Correct answer is B

Debugging is the process of identifying and removing errors from computer hardware or software. Debugging is simply remedying a code or mechanical issue that’s causing you difficulties in your computer, and this includes getting rids of a virus.

2,560.

Unresolved disputes between the employer and employees are usually referred to the?

A.

code of conduct bureau

B.

personnel unit

C.

disciplinary committee

D.

industrial arbitration tribunal

Correct answer is D

An industrial arbitration tribunal is a panel made up of representatives of employers and unions saddled with the responsibility of preventing or settling labor disputes that may arise between an industrial employer and a union, union member.