Commerce

Which of the following is not an advantage of advertising? It

A. gives information about products B. increases sales C. increases production D. improves the quality of products E. introduces new…

5 years ago

The concept of marketing as a process which begins and ends with the needs and wants of the consumer rather than those of the organization is called?

A. caveat venditor B. consumer orientation C. consumer association D. consumer protection E. caveat emptor Correct Answer: Option B -…

5 years ago

The taking over by state of ownership and control of certain business enterprises is known as?

A. indigenization B. nationalization C. privatization D. commercialization E. rationalization Correct Answer: Option B - nationalization

5 years ago

The accomplishment of a good company’s objective by guiding and motivating subordinates is known as?

A. Planning B. Organizing C. Managing D. Controlling E. Directing Correct Answer: Option E - Directing

5 years ago

A holding company assumes control of its subsidiaries through?

A. taking over routine administration B. becoming the principle customer C. majority shareholding D. paying all the debts outright E.…

5 years ago

Which of the following concepts is concerned with determining the business objectives and how they can be achieved?

A. Planning B. Organization C. Co-ordinating D. Motivating E. Delegating Correct Answer: Option A - Planning

5 years ago

The main object of a cartel agreement is to control?

A. output to maintain price B. directors to achieve higher profits C. workers to increase output D. requirement to cut…

5 years ago

The purchase of one company by another is called?

A. incorporation B. merger C. cartel D. nationalization E. privatization Correct Answer: Option B - merger

5 years ago

Which of the following documents transfers title to goods?

A. bill of exchange B. treasure bill C. bill of lading D. bill of sight E. bill of sale Correct…

5 years ago

Customs duties are?

A. excise duties B. dock dues C. customary dues D. customs officers'' duties E. import tariffs Correct Answer: Option E…

5 years ago