A. Commission B. Profit C. Jobber's Profit D. Turnover Correct Answer: Option C C. Jobber's Profit Explanation The buying price…
A. Natural Barriers B. Economic Barriers C. Social and Language Barriers D. Trade Fair Correct Answer: Option D D. Trade…
A. Debit note B. Credit note C. Invoice D. Price ring Correct Answer: Option C C. Invoice Explanation Invoice is…
A. is not restricted to a particular industry B. is a branch of trade that sells product C. consists of…
A. Cartel B. Conference C. Syndicate D. Trust Correct Answer: Option B B. Conference Explanation The conference is an international…
A. Directing B. Controlling C. Planning D. Staffing Correct Answer: Option D D. Staffing Explanation Staffing is the process of…
A. organizing B. planning C. directing D. controlling Correct Answer: Option B B. planning Explanation Planning is the most important…
A. results in specialization B. brings about an element of automation C. Training in new jobs is facilitated D. Creates…
A. Economic activities B. Political activities C. Productive activities D. Business activities Correct Answer: Option C C. Productive activities Explanation…
A. Sales Promotion B. Personal Selling C. Advertising D. Publicity Correct Answer: Option D Explanation Publicity is one of the…