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 internal demand for goods to be purchased or drawn from stock is?
a quoation
a requisition
a tender
an order
Correct answer is B
No explanation has been provided for this answer.
Loan schemes by thrift societies are?
mortage schemes
conventional schemes
mutual schemes
unconventional schemes
Correct answer is C
No explanation has been provided for this answer.
Fluctuations in the supply of goods may be eliminated if the distribution system maintains?
modern technology
a team of retailers
warehouse services
sufficient middlemen
Correct answer is A
No explanation has been provided for this answer.
Factors of production can be described as the?
resources required for the provision of goods and services
skills involves in deciding and directing the flow of goods
monetary tools employed by government to ensure stable production
elements involved in the process of formulating policies on production
Correct answer is A
No explanation has been provided for this answer.
Commerce includes all the occupations concerned with?
sales
production
marketing
distribution
Correct answer is D
No explanation has been provided for this answer.