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.

2,211.

The tendency for firms and individuals to concentrate on the activity which is of most advantage of them is known as?

A.

decentralization

B.

diversification

C.

commercialization

D.

specialization

E.

rationalization

Correct answer is D

No explanation has been provided for this answer.

2,212.

Which of the following is a commercial service?

A.

Transporting

B.

Garri processing

C.

Oil drilling

D.

Lumbering

E.

Tailoring

Correct answer is A

No explanation has been provided for this answer.

2,213.

Retail outlets which sell from specialized vans are?

A.

Super markets

B.

multiple shops

C.

mail order firms

D.

department stores

E.

mobile shops

Correct answer is E

No explanation has been provided for this answer.

2,214.

A trade document signed by a representative of the country to which goods are being sent is called?

A.

export invoice

B.

consignment note

C.

certificate of origin

D.

pro-forma invoice

E.

consular invoice

Correct answer is E

No explanation has been provided for this answer.

2,215.

The selection and promotion of staff in an organization is the function of the?

A.

marketing department

B.

finance department

C.

personnel department

D.

production department

E.

public relations department

Correct answer is C

No explanation has been provided for this answer.