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.

2,976.

Under what management function would the motivation employees fall?

A.

Staffing

B.

Controlling

C.

Organizing

D.

Directing

Correct answer is A

No explanation has been provided for this answer.

2,977.

(i)Money and machines (ii) Materials and Money (iii)Market and Man.
Which combination of the above are basic requirement as business resource?

A.

i and ii

B.

ii and iii

C.

i and iv

D.

ii and iv

Correct answer is B

No explanation has been provided for this answer.

2,978.

The line function in a typical manufacturing enterprise is normally performed by the

A.

public relations department

B.

estate or properties department

C.

marketing department

D.

legal department

Correct answer is C

No explanation has been provided for this answer.

2,979.

Staff position in an organization borders on

A.

authority

B.

advice

C.

responsibility

D.

control

Correct answer is C

No explanation has been provided for this answer.

2,980.

One major disadvantage of a cartel is that it

A.

maximizes productive efficiency

B.

brings the merging firms under control

C.

maximizes profit from operation

D.

eliminate competitions and waste

Correct answer is D

No explanation has been provided for this answer.