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.

2,831.

The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the?

A.

National Council on Privatization

B.

Securities and Exchange Commission

C.

Nigeria Investment Promotion Commission

D.

Bureau of Public ENterprises

Correct answer is D

No explanation has been provided for this answer.

2,832.

What is the most important use of promotion in marketing?

A.

Persuasion

B.

Conviction

C.

Information

D.

Education

Correct answer is C

No explanation has been provided for this answer.

2,833.

In business, the computer is very important especially in?

A.

financial amnagement

B.

marketing management

C.

educational management

D.

information management

Correct answer is D

No explanation has been provided for this answer.

2,834.

Communication enhances business activities by?

A.

facilitating interaction between producers and consumers

B.

facilitating interaction among media houses

C.

ensuring the movement of goods from the producer to the consumer

D.

keeping the goods safe untill they are needed

Correct answer is A

No explanation has been provided for this answer.

2,835.

An insured risk which occurs accidentally as a result of deflects in a ship is?

A.

a voyage policy

B.

a total loss

C.

an emergency

D.

a particular average

Correct answer is D

No explanation has been provided for this answer.