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.
In the line type of organizational structure,
the lines of authority are vertical
there is the application of division of labour
specialization is carried to a maximum degree
the lines of authority are horizontal
Correct answer is C
No explanation has been provided for this answer.
A function organization structure is where?
staff performing the same functions are grouped together
department performing similar functions grouped together
activities of similar nature are grouped together
staff performing similar functions are grouped together
Correct answer is D
No explanation has been provided for this answer.
Departmentalization is an aspect of?
planing
organising
directing
controlling
Correct answer is B
No explanation has been provided for this answer.
One of the major function of a chamber of commerce is to
promotes and protect trade, industry and agriculture
advise members on regulations of other countries
settle disputes that arise out of trade
publish books and periodical desired by members
Correct answer is A
No explanation has been provided for this answer.
One way government reduces the repatriation of capital is through
nationalization
divestiture
indidenization
naturalization
Correct answer is C
No explanation has been provided for this answer.