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.

2,926.

An author’s exclusive righto his published and unpublished works is known as?

A.

authors right

B.

constitution right

C.

patent right

D.

copyright

Correct answer is D

No explanation has been provided for this answer.

2,927.

The commercialization of public enterprises is aimed at?

A.

increasing efficiency and making the enterprises self-sufficient

B.

advertising and promoting the goods and services of the enterprises

C.

increased assistance and patronage of the enterprises by the public

D.

selling the goods and services of the enterprises

Correct answer is A

No explanation has been provided for this answer.

2,928.

Awarding scholarships and sponsoring sports by a business organization are example of?

A.

advertising strategy

B.

economic responsibility

C.

marketing strategy

D.

social responsibility

Correct answer is D

No explanation has been provided for this answer.

2,929.

The agency in Nigeria which ensures that products conform to government quality specifications is the?

A.

Standards Organization of Nigeria

B.

Nigerian Consumers’ Association

C.

Manufacturers’ Association of Nigeria

D.

Nigerian Chamber of commerce

Correct answer is A

No explanation has been provided for this answer.

2,930.

A core investor in the current phase of privatization in Nigeria is one who?

A.

can afford to buy most of the shares of the enterprises

B.

will be at the core of the enterprises

C.

can mobilize foreign currency equivalent to the value of the enterprises

D.

has the technical know-how of the enterprises

Correct answer is A

No explanation has been provided for this answer.