Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of these sets of external environmental factors affects a business operation?
Competition, industry operation
Competition, labour and political
Political, cultural and labour
Economic, social and legal
Correct answer is D
No explanation has been provided for this answer.
The main thrust of government policy of evolving good business environment in Nigeria is the need
to attract local and foreign investors
for more export commodities
for consumer oriented products
to have viable local markets
Correct answer is A
No explanation has been provided for this answer.
Under what management function would the motivation employees fall?
Staffing
Controlling
Organizing
Directing
Correct answer is A
No explanation has been provided for this answer.
i and ii
ii and iii
i and iv
ii and iv
Correct answer is B
No explanation has been provided for this answer.
The line function in a typical manufacturing enterprise is normally performed by the
public relations department
estate or properties department
marketing department
legal department
Correct answer is C
No explanation has been provided for this answer.