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.
When an industry or company is nationalized, the state becomes
the major shareholder
the mini shareholder
the only shareholder
an equal shareholder with other individuals
Correct answer is C
No explanation has been provided for this answer.
Consumer sovereignty means that they consumer is
a citizen
always independent
always wrong
always right
Correct answer is D
No explanation has been provided for this answer.
sue Chinyere for damages
sue Chinyere for specific performance
seize another gown from Chinyere's shop
regard the contract between them as terminated
Correct answer is B
No explanation has been provided for this answer.
A disadvantage of personal selling is that it
increase a company's operating cost
decreases acompany's operating cost
increase a company's number of customers
reduces a company's area of patronage
Correct answer is D
No explanation has been provided for this answer.
Which of the following are forms of sales promotion?
advertising, personal selling and publicity
advertising, market skimming and publicity
personal selling, packaging and publicity
advertising, packaging and publicity
Correct answer is A
No explanation has been provided for this answer.