Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Social responsibility of an organization to?
tackle the socio-economic problem of its community
meet the needs of its community
contribute to sustaining and developing its community
operate without disrupting the very essence of the enviroment
Correct answer is C
No explanation has been provided for this answer.
The act of a person employing another to enter into a contract on his behalf is known as?
business
sale of goods
bilateral agreement
agency
Correct answer is D
No explanation has been provided for this answer.
The government policy thrust on the business environment is to?
promote experts
attract investors
be self-sufficient
increase production
Correct answer is B
No explanation has been provided for this answer.
The assembling of products into usable forms is known as?
construction
manufacturing
formation
creation
Correct answer is A
No explanation has been provided for this answer.
One of the requirements necessary for setting up a business is?
registration
advertisement
knowledge of the business
documentation
Correct answer is C
No explanation has been provided for this answer.