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.

3,066.

One of the factors which critically determines the choice of occupation is

A.

traning

B.

skills

C.

aptitude

D.

interest

Correct answer is B

No explanation has been provided for this answer.

3,067.

Which of the following contributed least to the evolution of commercial activities in Nigeria?

A.

Development of banks

B.

Development oftransportation

C.

Development of trader's unions

D.

Development of currencies

Correct answer is D

No explanation has been provided for this answer.

3,068.

Sudden technology changes can have the effect of making

A.

a company's management style ineffective

B.

a company's product obsolete

C.

the control menchanism difficult to implement

D.

the motivational factors in the company difficult to monitor

Correct answer is B

No explanation has been provided for this answer.

3,069.

The existing system of government and the administrative sub-division of a country which affect the operation of business in the country is described as

A.

economic environment

B.

legal environment

C.

polictical environment

D.

social environment

Correct answer is C

No explanation has been provided for this answer.

3,070.

Social responsibility of business requires enterprises to

A.

hold annual social parties for the public

B.

draw their workers only from the immediate environment

C.

address themselves to issues relating to the society

D.

set up social welfare centers in their areas of operation

Correct answer is C

No explanation has been provided for this answer.