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 final link in the chain of distribution is
middlemen
whole saling
consumer
retailing
Correct answer is C
The distribution system is the final link in the chain of supply from manufacturer to the consumer
The assembling of products into usable forms is known as
creation
manufacturing
construction
formation
Correct answer is B
Manufacturing refers to a production of goods that converts raw materials, parts, and components into finished merchandise
The type of labour that makes use of physical effort in production processes is the
unskilled labour
skilled labour
blue-collar job
white-collar job
Correct answer is A
Unskilled labor refers to Work which requires no special training or experience for performing the work adequately, but require physical strength and energy
A business organization must always consider the overall effect of its actions on the
competitor
product
profit
society
Correct answer is D
As a business cooperation, your product should have a positive impact on the society at large.
The provision of quality and safe products which guarantee the health of consumers is an example of
quality control
price control
civic responsibility
social responsibility
Correct answer is A
Quality control; is a system of maintaining standards in manufactured products by testing a sample of the output against the specification.