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 151: A firm that disposes its wastes properly is discharging its?
Options:
A) community responsibility
B) evironmental responsibility
C) civic responsibility
D) social responsibility
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The correct answer is B .
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Question 152: A basic concept of advertising that reveals the essential message an advertiser wishes to communicate is referred to as the
Options:
A) medium
B) theme
C) targer
D) reach
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The correct answer is A .
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Question 153: 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 154: The elimination of fault in a computer programme is called?
Options:
A) console
B) debug
C) dump
D) loop
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The correct answer is B .
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Question 155: The three main classification of occupation are?
Options:
A) construction, trade and services
B) manufacturing, industry and services
C) farming, banking and trading
D) industry, commerce and services
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The correct answer is D .
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Question 156: Social responsibility of business requires enterprises to
Options:
A) hold annual social parties for the public
B) draw their workers only from the immediate environment
C) address themselves to issues relating to the society
D) set up social welfare centers in their areas of operation
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The correct answer is C .
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Question 157: 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 158: The arrangement and interrelationship of the various components and positions of a business is referred to as?
Options:
A) organizational structure
B) clarity of objective
C) unity of direction
D) line structure
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The correct answer is A .
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Question 159:
A form of money which was not used in the early days of trade is
Options:
A) tobacco
B) metal bars
C) cowries
D) coins
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The correct answer is C .
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Question 160: The role of customs and exercise authority includes the
Options:
A) provision of a good transport system to facilitate imports and exports
B) provision of security at the port
C) control of the flow of goods in and out of the country
D) provision of dockyards for ship repairs
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The correct answer is C .