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.

3,131.

The breaking down of a market into separate and identifiable elements each with its own special product requirement is known as market

A.

differentiation

B.

segmentation

C.

penetration

D.

identification

Correct answer is B

No explanation has been provided for this answer.

3,132.

The marketing approach by which a firm carries out detailed analysis of itself, the consumers and its competitors is known as?

A.

market analysis

B.

marketing mix analysis

C.

marketing opportunities analysis

D.

market survey

Correct answer is D

No explanation has been provided for this answer.

3,133.

Which of the following is NOT a function of the stock exchange market?

A.

providing long term loans to large scale enterprises

B.

encouraging people to buy shares and thereby providing capital for investment

C.

providing means of assessing the value of a firm's assets

D.

enabling firms to wind-up quickly in times of difficulties

Correct answer is D

No explanation has been provided for this answer.

3,134.

A bank statement is a document

A.

ordering a bank to pay on demand a stated sum of money

B.

containing records of receipts, payments and balance on an account

C.

used for paying into bank account

D.

used for regular withdrawal of money from a savings account

Correct answer is B

No explanation has been provided for this answer.

3,135.

A major liability of a commercial bank arises from

A.

customers' deposits

B.

loans and advances

C.

overdrafts

D.

staff allowance

Correct answer is A

No explanation has been provided for this answer.