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Commerce Past Questions and Answers

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Commerce Questions

Question 3446:

the study to discover consumers' preference and needs is called

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A Market segmentation
B Consumer orientation
C Market research
D Market mix

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Question 3447:

a private limited liability company differs from a public limited liability because it

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A Does not issue its shares to the public
B As a separate entity
C Has many directors
D Is a going concern

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Question 3448:

which of the following is a disadvantage of retailing

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A Selling on credit
B Lower prices of goods
C Selling in smaller quantities
D Located at convenient places

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Question 3449:

A tax charged in proportion to the value of imported goods is?

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A Specific duty
B Ad valorem
C Custom duty
D Excise duty

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Question 3450:

which of the following is a reason for failure of public corporations

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A Legal requirement
B Inadequate funding
C Political stability
D Lack of competion

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