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 1341: One advantage of personal selling over all other elements of promotion is that
Options:
A) it can provide instant feedback
B) it is very cheap in terms of cost per contact
C) it does not need to use mass media
D) sales people are wewll trained
Show Answer
The correct answer is A .
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Question 1342: The document issued by a port authority for goods deposited is a
Options:
A) bill of lading
B) bill of sight
C) consular invoice
D) warehouse warrant
Show Answer
The correct answer is D .
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Question 1343:
One of the functions of the Nigeria Ports Authority is the provision of
Options:
A) carrier services to ensure speedy delivery
B) facilities to enhance the speedy loading and offloading of cargoes
C) facilities to ensure that goods get to the destinations
D) shelter for operators of cargoes
Show Answer
The correct answer is B .
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Question 1344: The business with the best business objectives is
Options:
A) Okon
B) Taiwo
C) Kalu
D) Musa
Show Answer
The correct answer is A .
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Question 1345: A motor dealer who agreed to sell a car to Mr X but delivered it to Mr Y on the delivery date agreed with Mr X. He has discharged the contract by
Options:
A) performance
B) frustration
C) an agreement
D) breach
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The correct answer is D .
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Question 1346: Tourists with no fixed address in a town may receive their letters from post office through a
Options:
A) poste restante
B) parcel post
C) private mail bag
D) recorded delivery
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The correct answer is A .
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Question 1347: The concept of limiting types, sizes and other characteristics of a product line without sacrificing utility or durability is called
Options:
A) simplification
B) standardization
C) specialization
D) satisficing
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The correct answer is B .
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Question 1348: The physical components of a computer system refers to the?
Options:
A) system unit
B) hardware
C) software
D) compact disk
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The correct answer is B .
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Question 1349: One of the factors which critically determines the choice of occupation is
Options:
A) traning
B) skills
C) aptitude
D) interest
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The correct answer is B .
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Question 1350: The letters E and OE stands for __________?
Options:
A) Errors of exception
B) Errors and omissions excepted
C) Estimated and order error
D) End of error
Show Answer
The correct answer is B .