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.
When a cheque has special crossing it should be?
cashed by the drawer
cashed over counter
Paid into a named bank
paid to the drawee
paid into Central Bank
Correct answer is C
No explanation has been provided for this answer.
Which of the following institutions provides the volume of credit to the public?
Building societies
Mail order business
Department stores
Finance houses
Bank
Correct answer is B
No explanation has been provided for this answer.
Which of the following is the the main aim of the Indigenization Decree?
alleviate the effect of inflation
eliminate foreigners from Nigerian economy
remove all obstacles to commercial activities
allow Nigerians greater participation in commercial activities
alleviated the effect of depressed economy
Correct answer is D
No explanation has been provided for this answer.
An important marketing concept is that all company planning and operations should be?
profit-oriented
company-oriented
organization-oriented
dividend-oriented
customer-oriented
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a component of a company's marketing mix?
Production planning and price structure
Promotional plan
Distribution plan
Economic plan
Public relations plan
Correct answer is D
No explanation has been provided for this answer.