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.
Government policies relating to the establishment and operation of business are targeted at
increasing the profit of business owners
the general improvement of the economy
even spread of facilities and employment
diversification and expansion of business
Correct answer is B
No explanation has been provided for this answer.
veritcal and horizontal integration
mergers and acquisition
consortium and almalgamation
trust and cartel
Correct answer is B
No explanation has been provided for this answer.
Which of these is both merit and demerit in partnership?
The number of partners
It unlimited nature
The bearing of risk
The withdrawal of a major partner
Correct answer is A
No explanation has been provided for this answer.
The term Plc implies that the are available
to the public at the company
privately on the stock exchange
publicly on the stock exchange
publicly in commericial banks
Correct answer is C
No explanation has been provided for this answer.
The application of division of labour should generally bring about
increase in the quantity of goods and service
increase in the variety of goods and services
cheapness of goods and services
cost efficiency in the production of goods and services
Correct answer is A
No explanation has been provided for this answer.