Commerce

Advantages of pipeline transport include all except?

A. Low maintenance cost B. It is safe C. Continuous Flow of goods D. Prone to leakages Correct Answer: Option…

6 years ago

All but one is not a demerit of advertising?

A. It leads to monopoly B. Buyers can buy unnecessarily C. Increase in profit D. High cost Correct Answer: Option…

6 years ago

The scope of commerce is limited to?

A. home and foreign trade B. wholesaler and retail trade C. trade and aids to trade D. wholesale and entrepot…

6 years ago

A two-way process which involves sending and receiving of messages is referred to as?

A. Advertisement B. Communication C. Marketing D. Transportation Correct Answer: Option B B. Communication Explanation Communication is the process of…

6 years ago

A fall in the value of a country’s currency vis-a-vis other currencies is known as?

A. Depreciation B. Reduction C. Devaluation D. Exchange rate Correct Answer: Option C C. Devaluation Explanation Devaluation is the lowering…

6 years ago

The theory of international trade is based on?

A. Principles of management B. Principles of comparative cost C. Principle of double entry D. Theory of migration Correct Answer:…

6 years ago

A company which another company is a member and control the board of directors or hold more than half of its equity is termed?

A. Subsidiary B. Syndicate C. Holding Company D. Parent company Correct Answer: Option A A. Subsidiary Explanation Subsidiary is a…

6 years ago

An example of vertical integration is?

A. Trust B. Cartel C. Merger D. Price Ring Correct Answer: Option A A. Trust Explanation Trust is an amalgamation…

6 years ago

A business environment that take into consideration the beliefs, attitudes, needs, values and attitudes of the people is?

A. Economic environment B. Technological environment C. Political environment D. Cultural environment Correct Answer: Option D D. Cultural environment Explanation…

6 years ago

A cheque that is payable to whoever presents it is known as?

A. order cheque B. open cheque C. crossed cheque D. bearer cheque Correct Answer: Option D D. bearer cheque Explanation…

6 years ago