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 promotion of team spirit in an organization is referred to as
unity of direction
espirit de corps
unity of purpose
discipline
Correct answer is B
Esprit de corps is a feeling of loyalty and pride that is shared by the members of a group who consider themselves to be different from other people in some special way.
Under what management function will the motivation of employees fall
staffing
controlling
organizing
directing
Correct answer is B
No explanation has been provided for this answer.
Securities that entitle the investor to coupon rates are
bonds
equities
warrants
treasury bills
Correct answer is A
A bond is a debt security where the issuer (the borrower) issues the bond for purchase by the bondholder (the lender). It is also known as a fixed income security as a bond usually gives the investor a regular or fixed return in the form of interest payments (sometimes called coupon payments).
The promotion and protection of trade industry and agriculture through trade fairs is a function of
NACRDB
NACCIMA
the consumer protection council
the chamber of commerce
Correct answer is D
The Chamber's mission is creating an environment in which businesses can prosper. The main function of a Chamber of Commerce is to promote interest in local business possibilities.
The main objective of a trade association is to
protect its members against litigation
boost the trade of its members
secure credit for its members
protect its members against victimization
Correct answer is D
The objective of trade associations is to promote the business interests of the members, exchange views, serve as a platform for discussions and to represent the interests of its members.