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.
Which of the following is a function of advertising?
Stimulation of demand
Leads to market segmentation
Maintenance of quality
Determining selling price
Provision of market information
Correct answer is A
No explanation has been provided for this answer.
Which of the following mostly serves as a useful promotional device for consumer goods?
Trade mark
Labelling
Standardization
Grading
Packaging
Correct answer is E
No explanation has been provided for this answer.
Public Relations
Advertising
Sales Promotion
Exhibitions
Trade Fairs
Correct answer is A
No explanation has been provided for this answer.
The intangible benefits arising from the business connections and reputation of a firm is called
interest
goodwill
commission
bonus
dividend
Correct answer is B
No explanation has been provided for this answer.
The reorganization of public enterprises to operate as profit-making ventures is known as
privatization
nationalization
indeginization
commercialization
harmonization
Correct answer is D
No explanation has been provided for this answer.