Factors of production can be described as the?
resources required for the provision of goods and services
skills involves in deciding and directing the flow of goods
monetary tools employed by government to ensure stable production
elements involved in the process of formulating policies on production
Correct answer is A
No explanation has been provided for this answer.
Commerce includes all the occupations concerned with?
sales
production
marketing
distribution
Correct answer is D
No explanation has been provided for this answer.
The acronym PLC is used to identify a?
company limited by shares
private company limited by shares
public company limited by shares
company limited by guarantee
Correct answer is C
No explanation has been provided for this answer.
The most important function of commerce is?
helping people to improve thir profits
facilitaing exchanges among indiviuals and firms
assisting trade through banking and insurance
enhancing business relationships
Correct answer is B
No explanation has been provided for this answer.
The merger of a textile mill, a cement company and a tannery is referred to as?
conglomerate merger
horizontal merger
lateral merger
vertiical merger
Correct answer is B
No explanation has been provided for this answer.