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.
Communication enhances business activities by
facilitating interaction between producers
Facilitating interaction among media houses
ensuring the movement of good forms the producer to the consumer
keeping the goods safe until they and needed
Correct answer is A
Business Communication helps the business people to take proper decision by supplying right information to the right people at the right time. Through communication the producer interacts with the consumer through advertising. And the consumers react by patronizing the advertized goods.
Guaranties
Warranties
Sureties
Consideration
Correct answer is B
Conditions and warranties is any stipulation which is not of such importance as to go to the root of the contract. The breach of warranties gives the other party a right to claim for damage but not to reject the contract.
The internet is a system of telecommunication used for
Sending electronic message
Communicating messages through telegrams
Communicating long-distance
Sending and renewing text message
Correct answer is A
The devices involved in the internet are electronic devices, the internet is used for sending electronic message.
Main frame Computer
Digital Computer
Analogue Computer
Hybrid Computer
Correct answer is A
Mainframe computer is the largest compute which his all the features stated above.
The application of division of labour would generally bring about
Increase in quantity of goods and services
Increase in variety of goods and services
Cheapness of goods and services
Cost efficiency in the production of goods and series.
Correct answer is A
Division of labour ensure that there more hands involved in the production of a particular, commodity