Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Entrepreneurship mainly involves?
risk-taking
initiating
skilled manpower
knowledge
Correct answer is A
No explanation has been provided for this answer.
A functional structure is an organizational structure in which?
abstract rules are applied
equity prevails
a specialist enforces his directives
there is no hierarchy
Correct answer is C
No explanation has been provided for this answer.
Stimulation of demand is a kind of communication in marketing which connotes?
personal selling
sales promotion
advertising
merchandising
Correct answer is C
No explanation has been provided for this answer.
Communication process involves the transmission of a message over a selected channel to the?
receiver
audience
sender
encoder
Correct answer is A
No explanation has been provided for this answer.
The process of dividing task into jobs and departments and of delegating authority is known as?
staffing
leading
directing
organizing
Correct answer is D
No explanation has been provided for this answer.