Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The contribution of a department towards the attainment of corporate goals is its
span of control
scalar principles
unity of command
unity of objective
Correct answer is B
No explanation has been provided for this answer.
A non-insurable risk is exemplified by
speculation and loss of profit through competition
gambling and whole-life insurance
bad debts and consequential loss insurance
open cover contract and constructive total loss
Correct answer is A
No explanation has been provided for this answer.
One objective of privatization is the
provision of infrastructure
provision of education and health facilities
efficient use of resources
protection and development of communities
Correct answer is C
No explanation has been provided for this answer.
One of the primary functions of the thrift, credit and loans cooperative society is to
educate its members
disburse money to its members
encourage investment among members
protect members’ valuables
Correct answer is C
No explanation has been provided for this answer.
A major disadvantage of the mainframe computer is its
speed
durability
cost
capacity
Correct answer is C
No explanation has been provided for this answer.