Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

1,571.

The payment for direct service is usually made by the

A.

local authority

B.

community

C.

government

D.

individual

Correct answer is D

Direct services means services provided through person-to-person contact. Direct services means services providing therapy, habilitation, or rehabilitation activities or support services such as transportation.

1,572.

One of the products of an extractive industry is

A.

an airplane

B.

an iron ore

C.

a shoe

D.

a textile material

Correct answer is B

Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying.

1,573.

Cooperation and friendliness are enhanced among nations through interdependence necessitated by

A.

tourism

B.

commerce

C.

agriculture

D.

socio-cultural activities

Correct answer is B

No explanation has been provided for this answer.

1,574.

The environmental hazard that is most difficult to control is

A.

land pollution

B.

water pollution

C.

air pollution

D.

political unrest

Correct answer is C

No explanation has been provided for this answer.

1,575.

A major factor that affects business operations is

A.

technology

B.

supply

C.

product

D.

rivalry

Correct answer is A

Technology has important effects on business operations. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand. Technological infrastructure affects the culture, efficiency and relationships of a business.