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.

3,026.

Management is described as

A.

getting things done through people

B.

implementing of business decision

C.

the numbers of levels in an organization

D.

the people in authority in an organization

Correct answer is B

No explanation has been provided for this answer.

3,027.

The main function of thrift, credit and loans co-operative societies is to

A.

educate their members

B.

collect money from their members

C.

disburse money to their members

D.

raise investment finance among thir members

Correct answer is D

No explanation has been provided for this answer.

3,028.

The Continental West African Conference is a

A.

group of all West African countries trading in the same products

B.

conference to foster unity among the West African countries

C.

gorups of shipping lines operating on the same West African route

D.

trust with shareholders fromall West African countries

Correct answer is D

No explanation has been provided for this answer.

3,029.

The body that organizes, promotes and participates in local and foreign trade fairs is the

A.

Ministry of Commerce and Tourism

B.

Ministry of finance

C.

Chambers of Commerce

D.

Export Promotion Council

Correct answer is C

No explanation has been provided for this answer.

3,030.

An example of a consumer protection agency is the?

A.

Nigeria Bar association

B.

Nigeria Medical Association

C.

Ferderal Environmental Protection Agency

D.

Manufacturers Association of Nigeria

Correct answer is C

No explanation has been provided for this answer.