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.
A key advantage of delegation is that
workers are prepared for hgher responsibilites
the manager has less work to do
the manager spends less time on planning
the organization grows larger in size
Correct answer is A
No explanation has been provided for this answer.
In a business organization, the annual operation plan or budget is a form of
casual plan
medium-term plan
long-term plan
short-term plan
Correct answer is D
No explanation has been provided for this answer.
The management function of evaluating whether objectives are being achieved is
planning
directing
organizing
controlling
Correct answer is D
No explanation has been provided for this answer.
The main objective of a trade association can best be described as promoting and protecting
the products
common interest
the market
customer's interest
Correct answer is D
No explanation has been provided for this answer.
The least of the advantages of indigenization is that
the standard of living of the indigenes is improved
the economy is controlled by the nationals
enterpreneurals skill is developped
foreigners' domination is avoided
Correct answer is A
No explanation has been provided for this answer.