Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.
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Question 1051: The program that makes up the operating system in a computer is?
Options:
A) microprogram
B) system flowchart
C) system software
D) syntax
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The correct answer is C .
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Question 1052: The deliberate and sustained efforts of an organization towards the creation of goodwill for its products and services is through?
Options:
A) public relations
B) advertising
C) sales promotion
D) rebranding
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The correct answer is A .
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Question 1053: Complying with the rules relating to the conduct of business activities in a country is an aspect of
Options:
A) cultural enviroment
B) demographic environment
C) legal environment
D) political environment
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The correct answer is C .
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Question 1054: A printed copy of processed information from the computer is the?
Options:
A) soft copy
B) file copy
C) scanned copy
D) hard copy
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The correct answer is D .
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Question 1055:
The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples. personal selling involves
Options:
A) face-to-face communication with customers
B) distributing instructional posters
C) premium programming for Customers
D) publishing promotional hooklets
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The correct answer is A .
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Question 1056: The document issued to a port authority when goods are deposited is a?
Options:
A) dock landing account
B) bill of sight
C) bill of lading
D) dock warrant
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The correct answer is D .
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Question 1057: Warehousing is important to manufacturers because it helps to?
Options:
A) improve the quality of goods
B) produce goods in advance
C) meet the demand of customers
D) determine input rquirements
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The correct answer is B .
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Question 1058: Drawing two parallel lines across a cheque means that it has to be paid into the account of the
Options:
A) payee
B) drawer
C) drawee
D) payer
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The correct answer is A .
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Question 1059:
One of the disadvantages of Sole Proprietorship is__________
Options:
A) It requires small operations
B) It involves small capital
C) It lacks specialization
D) Grants from government
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The correct answer is C .
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Question 1060: An important social reason for development tourism in Nigeria is the?
Options:
A) promotion of culture interaction
B) provision of job oppurtunities
C) improvement of he balance of payments
D) encouragement of international relations
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The correct answer is A .