Commerce

The creation of utilities is to satisfy human wants is referred to as?

A. production B. consumption C. industrialization D. occupation Correct Answer: Option A - production

4 years ago

A document which advertises the shares of a company is known as a?

A. memorandum of satisfaction B. dividend warrant C. deed D. prospectus Correct Answer: Option D - prospectus

4 years ago

Law-making is an example of?

A. indirect service B. commercial occupation C. direct service D. industrial occupation Correct Answer: Option C - direct service

4 years ago

The making of doors from timber planks is a type of?

A. manufacturing B. tertiary production C. secondary production D. primary production Correct Answer: Option C - secondary production

4 years ago

A major advantage of a cooperative society is that it?

A. gives members the opportunity to unite B. draws members closer to government C. promotes awareness among members D. encourages…

4 years ago

The sustainable growth of commerce is largely due to?

A. marketing B. advertising C. exchange D. branding Correct Answer: Option B - advertising

4 years ago

Public relations and advertising are similar in terms of?

A. communicating product information B. customer education C. the mode of operation D. creating a favorable attitude Correct Answer: Option…

4 years ago

The controllable variables that a firm uses to achieve its marketing objectives are called?

A. marketing principles B. marketing mix C. marketing concepts D. marketing functions Correct Answer: Option B - marketing mix Explanation…

4 years ago

Personal selling is most effective in marketing industrial goods because it involves?

A. recognition and attachment to customers B. personal interaction and information gathering C. demonstrations and product acceptability D. after-sales services…

4 years ago

The macro-environment forces and trends which are a constraint on business operations are referred to as?

A. technological factors B. economic factors C. external factors D. internal factors Correct Answer: Option A - technological factors

4 years ago