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 1261: The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix isreferred to as
Options:
A) concentration segmentation
B) market concept
C) consumer orientation
D) market penetration
Show Answer
The correct answer is D .
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Question 1262: Ships used for international transport are?
Options:
A) trawelers
B) yachets
C) ocean liners
D) launchers
Show Answer
The correct answer is C .
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Question 1263: A proposed company may not be registered if?
Options:
A) the name conficits with that of another
B) it does not put 'limited' after its proposed name
C) it has no paid-up capital
D) it has no asset of its own
Show Answer
The correct answer is A .
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Question 1264: The share capital value that forms part of the balance sheet total is the
Options:
A) paid-up share capital
B) called-up share capital
C) authorized share capital
D) issued share capital
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The correct answer is A .
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Question 1265: The media media used for inter-departmental communication include?
Options:
A) circulars, advertisement and notice boards
B) memoranda, circulars and the telephone
C) memoranda, advertising and face-to-face
D) momoranda, advertising and the grapevine
Show Answer
The correct answer is B .
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Question 1266: The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as?
Options:
A) digital computer
B) analogue computer
C) mainframe computer
D) hybrid computer
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The correct answer is A .
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Question 1267: The most important advantage of personal selling is that it
Options:
A) allows sellers to percieve buyers' needs
B) allows sellers to sell their goods quickly
C) takes place easily on the high ways
D) takes place without the permissionof government
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The correct answer is A .
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Question 1268: Management is described as
Options:
A) getting things done through people
B) implementing of business decision
C) the numbers of levels in an organization
D) the people in authority in an organization
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The correct answer is B .
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Question 1269: The process of transferring data from one computer to another is referred to as
Options:
A) downloading
B) faxing
C) browsing
D) decoding
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The correct answer is A .
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Question 1270:
Use the information below to answer questions 13 and 14
| # |
| Sales | 50,000.00 |
| Debtors | 10,000.00 |
| Cash in hand | 5,000.00 |
| Opening stock | 30,000.00 |
| Creditors | 8,000.00 |
| Purchases | 16,000.00 |
| Overdraft | 12,000.00 |
| Closing stock | 10,000.00 |
Options:
A) #35,000.00
B) #20,000.00
C) #15,000.00
D) #14,000.00
Show Answer
The correct answer is D .