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 choice of medium used in advertising is not determined by the
cost of using a particular medium
age group to which the medium appeals
nationality of people using the medium
number of people reached by the medium
Correct answer is C
No explanation has been provided for this answer.
market for long term loans
market for short-term loans
market for government securities
banking hall of commercial banks
Correct answer is B
No explanation has been provided for this answer.
identify and satisfy customer's needs
maintain the company's share of the market
recruit more salesmen
make maximum profit
Correct answer is B
No explanation has been provided for this answer.
The amount of insurance premium to be paid depends on the
supply and demand of a particular company's service
extent of the possible loss and the frequency of the risk
number of insurance companies in a placeamount of profit to be made by the insurer
amount of profit to be made by the insurer
Correct answer is C
No explanation has been provided for this answer.
One of the objectives of ECOWAS is to
promote indigenization policy
ensure that quality goods are produced
promote trade within the region
discourage foreign investors
Correct answer is C
The major objective of ECOWAS is to promote cooperation and integration by establishing an economic union in West Africa in order to raise the living standards of its peoples, and to maintain and enhance economic stability, foster relations among member states, and contribute to the progress and development of the African continent.