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Commerce Past Questions and Answers

Commerce Questions

Question 3721:
The transfer of ownership of a business from government to the public is?
  • A Commercialization
  • B Deregulation
  • C Privatization
  • D Merger
View Answer & Explanation
Question 3722:
One of the disadvantages of privatization is that it?
  • A Promotes inefficiency of staff
  • B Brings about economic decline
  • C Reduces government revenue
  • D Causes increase in the prices of products
View Answer & Explanation
Question 3723:
The management function which involves measuring outcomes and taking corrective action to reduce error is?
  • A Staffing
  • B Organizing
  • C Directing
  • D Controlling
View Answer & Explanation
Question 3724:
In delegation of authority, the subordinate offer is?
  • A Accountable to his immediate superior
  • B Responsible for his superiors actions
  • C Only answerable to top management
  • D Expected to replace his superior
View Answer & Explanation
Question 3725:
A medium of inter-departmental communication is?
  • A Intercom
  • B Notice board
  • C Radiophone
  • D Circular
View Answer & Explanation