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.

2,781.

The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples, personal selling involves?

A.

distributing instructional posters

B.

face-to-face communication with customers

C.

premium programming for customers

D.

publishing promotional booklets

Correct answer is B

No explanation has been provided for this answer.

2,782.

Commercialization of government corporations brings about an increase in the level of?

A.

money supply in the economy

B.

distrust among business operators

C.

competition among business operators

D.

social responsibility

Correct answer is C

No explanation has been provided for this answer.

2,783.

The computer that functions by taking discrete numbers and performing mathematical calculations is called?

A.

mainframe

B.

digital

C.

hybride

D.

analogue

Correct answer is C

No explanation has been provided for this answer.

2,784.

The compensation the insured gets depends heavily on the?

A.

economic situation

B.

premium paid

C.

risk suffered

D.

insurer's bouyancy

Correct answer is B

No explanation has been provided for this answer.

2,785.

The primary objective of consumer protection laws is to ensure that?

A.

consumers derive maximum satisfaction from goods and services

B.

consumers buy goods and services at cheap rates

C.

manufacturers of goods and services provides overcome internal competition

D.

manufacturers of goods and services provides gets optimum profit

Correct answer is A

No explanation has been provided for this answer.