Commerce can be defined as the
exchange of goods and services
distribution and exchange of goods and services
distribution of services at home
export of services
Correct answer is A
No explanation has been provided for this answer.
A document showing that a person has shipped certain goods through a named ship is
bill of lading
bill of exchange
dock warrant
bill of entry
Correct answer is A
No explanation has been provided for this answer.
A specialist on the stock exchange who buys and sells securities in his own name is a
Stag
Bull
Broker
Jobber
Correct answer is D
No explanation has been provided for this answer.
Which of the following refers to the division of market into identifiable sub-markets
Market research
Market segmentation
Market penetration
Marketing mix
Correct answer is B
No explanation has been provided for this answer.
Which of the following is an advantage of transportation by sea?
Goods can be delivered from door to door
it is a cheaper means of transporting goods
it is accident free
it is the fastest means of transport
Correct answer is B
No explanation has been provided for this answer.