Commerce

The giving of clear instructions and information to all concerned in an organization to ensure proper understanding of decisions and policies?

A. organizing B. planning C. communicating D. directing E. coordinating Correct Answer: Option C - communicating

5 years ago

The rebate given to the retailer by the wholesaler to enable him make profit is known as?

A. trade discount B. cash discount C. credit guarantee D. commission E. mark-up Correct Answer: Option A - trade discount

5 years ago

Which of the following belongs to the capital market _________?

A. Commercial bank B. Stock exchange C. Ministry of Finance D. Chamber of Commerce E. Discount House Correct Answer: Option…

5 years ago

The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?

A. organizsing B. planning C. communicating D. directing E. coordinating Correct Answer: Option C - communicating

5 years ago

Who among the following is not involved in foreign trade?

A. Factor B. Dei Credere Agent C. Wholesale Merchant D. Jobber E. Forwarding Agent Correct Answer: Option D - Jobber

5 years ago

A cheque that is drawn on a bank is called?

A. certified cheque B. bank draft C. bank note D. order cheque E. bearer cheque Correct Answer: Option B -…

5 years ago

Which of the following is not considered by banks when granting loans to customers?

A. Character of the customer B. Amount needed C. Period of repayment D. Amount of interest payable E. Purpose of…

5 years ago

The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an organization is called?

A. delegation B. deputizing C. coordinating D. supervision E. motivation Correct Answer: Option A - delegation

5 years ago

The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?

A. hedging B. black market C. dumping D. speculation E. speculation Correct Answer: Option C - dumping

5 years ago

When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?

A. carriage forward B. franco C. Loco D. free on board E. A free alongside ship Correct Answer: Option D…

5 years ago