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.

2,736.

Loan schemes by thrift societies are?

A.

mortage schemes

B.

conventional schemes

C.

mutual schemes

D.

unconventional schemes

Correct answer is C

No explanation has been provided for this answer.

2,737.

Fluctuations in the supply of goods may be eliminated if the distribution system maintains?

A.

modern technology

B.

a team of retailers

C.

warehouse services

D.

sufficient middlemen

Correct answer is A

No explanation has been provided for this answer.

2,738.

Factors of production can be described as the?

A.

resources required for the provision of goods and services

B.

skills involves in deciding and directing the flow of goods

C.

monetary tools employed by government to ensure stable production

D.

elements involved in the process of formulating policies on production

Correct answer is A

No explanation has been provided for this answer.

2,739.

Commerce includes all the occupations concerned with?

A.

sales

B.

production

C.

marketing

D.

distribution

Correct answer is D

No explanation has been provided for this answer.

2,740.

The acronym PLC is used to identify a?

A.

company limited by shares

B.

private company limited by shares

C.

public company limited by shares

D.

company limited by guarantee

Correct answer is C

No explanation has been provided for this answer.