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.
increasing prices and product differentiation
advertising and cutting prices
refusing credits and customer services
increasing the mark-up
stocking very expensive goods
Correct answer is B
No explanation has been provided for this answer.
In which of the following classes of occupation would you place a commerce teacher?
Commercial
Extractive
Direct service
Manufacturing
Construction
Correct answer is C
No explanation has been provided for this answer.
Which of the following is concerned with obtaining raw materials from their natural locations?
Extractive industry
Manufacturing industry
Construction industry
Transport industry
Engineering industry
Correct answer is A
No explanation has been provided for this answer.
Commerce developed as a result of?
speculation
competition
specialization
importation
exportation
Correct answer is C
No explanation has been provided for this answer.
The sole purpose of production is?
employment
promotion
consumption
competition
enterprising
Correct answer is C
No explanation has been provided for this answer.