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.
The process of bringing a company under exclusive state ownership and control is know as
nationalization
commercialization
indigenization
privatization
Correct answer is A
No explanation has been provided for this answer.
Adigun displays goods of different makes on shelves in his supermarket. This is an example of
invitation to treat
offer to sell
offer to purchase
invitation to sell
Correct answer is A
No explanation has been provided for this answer.
The focal point of the marketing efforts is the
seller
profit
product
buyer
Correct answer is D
No explanation has been provided for this answer.
simplification
standardization
specialization
satisficing
Correct answer is B
No explanation has been provided for this answer.
The main role of advertising is to
convince prospective buyers to buy
show the actual shape, form and colour of the products
inform people where to obtain goods and services
captured the attention of people
Correct answer is A
No explanation has been provided for this answer.