A number of shops under one roof is the feature of a?
A. supermarkets B. chain stores C. department store D. mail-order business E. shopping centre Correct Answer: Option C – department store
A business is in existence primarily to?
A. make profit B. provide goods and services C. provide employment D. complete with others in business E. sell goods at reasonable prices Correct Answer: Option A – make profit
Which of the following statements best describes net profit? The excess of
A. total revenue over total expenditure B. total capital income over expenditure C. sales over purchases D. total capital formation over capital consumption E. total expenditure over total revenue Correct Answer: Option A – total revenue over total...
Which of the following is sent as a reply to an inquiry?
A. Tender B. Estimate C. Statement D. Advice note E. Quotation Correct Answer: Option E – Quotation
Efforts geared towards establishing and maintaining good image for a company is termed?
A. human relations B. professional relations C. public relations D. trade relations E. personnel relations Correct Answer: Option C – public relationsProducts
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