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.
An objective of the farmers' association is to?
ensure that the prices of goods are fair and reasonable
correct the imbalance between consumers and producers
improve the methods of selling and advertising
provide a stable market outlet for farm inputs
Correct answer is A
No explanation has been provided for this answer.
mulitple shop
supermarket
superstore
departmental store
Correct answer is D
No explanation has been provided for this answer.
The Customs and Excise Department is responsible for the the collection of?
royalties
tariffs
taxes
charges
Correct answer is B
No explanation has been provided for this answer.
The major types of warehouse are?
manufacturer, bonded, departemental and private
bonded, public, coldroom and private
manufacturer, bonded, public and departmental
wholesaler, manufacturer, public and bonded
Correct answer is D
No explanation has been provided for this answer.
Consumerism aims at protecting the consumer from?
harmful products
drug addiction
smoking cigarettes
alcohol consumption
Correct answer is A
Consumerism simply means the protection or promotion of the interests of consumers. It is a modern movement for the protection of the consumer against useless, inferior, or dangerous products, misleading advertising, unfair pricing, etc.