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.

3,146.

When an oil exploring and mining company builds a health center in one of the communities where it operates, such a company is

A.

currying favour from local people

B.

finding a way to spend resonsibility

C.

fulfilling part of its social responsibilty

D.

invest its idle funds

Correct answer is C

No explanation has been provided for this answer.

3,147.

The use of computer in modern banking industry is a reflection of

A.

competitive development

B.

scientific development

C.

economic development

D.

technological development

Correct answer is D

No explanation has been provided for this answer.

3,148.

Which of the following makes other functions of business its appendages?

A.

production

B.

marketing

C.

finance

D.

personnel

Correct answer is B

No explanation has been provided for this answer.

3,149.

The principle of span of control stipulates that

A.

an employee should report to only one superior

B.

manager must demand accountability from their surbordinates

C.

resources have to be economized within the various division

D.

the number of employee reporting to one superior should be kept to workable maximum

Correct answer is D

No explanation has been provided for this answer.

3,150.

The harmonious relationship among the various units in an organization is ensured through

A.

co-ordination

B.

motivation

C.

planning

D.

leadership

Correct answer is D

No explanation has been provided for this answer.