Commerce

The transformation of cotton into clothing is an example of?

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

5 years ago

Which of the following types of occupation involves services that can be referred to as auxiliaries trade?

A. Constructive occupation B. Manufacturing occupation C. Industrial occupation D. Commercial occupation Correct Answer: Option D - Commercial occupation

5 years ago

The lumbering of trees by a furniture company is an example of?

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

5 years ago

An advantage of the Second-Tier Securities Market to an economy is in?

A. creating avenues for investment B. regulating competition amongst companies C. granting financial assistance to consumers D. increasing companies profit…

5 years ago

Which of the following is used for temporary storage of data on a computer?

A. RAM B. ROM C. Floppy disk D. flash drive Correct Answer: Option A - RAM

5 years ago

The winding up of a firm by a resolution of its shareholders is an example of?

A. voluntary liquidation B. bankruptcy C. recession D. involuntary liquidation Correct Answer: Option A - voluntary liquidation

5 years ago

Ordinary warehouse is usually owned and used by?

A. government B. agents C. retailers D. wholesalers Correct Answer: Option D - wholesalers

5 years ago

The function of money that is mostly affected by inflation is?

A. store of value B. medium of exchange C. measure of value D. unit of account Correct Answer: Option A…

5 years ago

The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix is referred to as?

A. concentration segmentation B. market concept C. consumer orientation D. market penetration Correct Answer: Option A - concentration segmentation Explanation…

5 years ago

The cost which is incurred as a result of failure to load or unload a ship at the ports within a specified period is referred to as?

A. demurrage charges B. premium charges C. excess charges D. trade charges Correct Answer: Option A - demurrage charges

5 years ago