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Commerce Past Questions and Answers

Commerce Questions

Question 3751:
One of the roles performed by middle managers is
  • A Formulation of objectives and strategies
  • B Implementation of organizational plans
  • C Review and appraisal of operational results
  • D Review of master plans, programmes, and budgets
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Question 3752:
Which of the following is responsible for protecting consumers against poor quality goods
  • A Industrial tribunal
  • B Manufacturers associations
  • C Standard organizations
  • D Trade associations
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Question 3753:
The saying that the 'consumer is always right' describes the doctrine of
  • A Caveat emptor
  • B Consumer sovereignty
  • C Consumer protection
  • D Proximate cause
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Question 3754:
A disadvantage of privatization is that
  • A There is reduction in the quality of goods
  • B There is incipiency in the supply of goods
  • C The existence of monopoly is high
  • D The profit motive outweighs public interest
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Question 3755:
The act of placing goods in glass shields in front of shops to attract passersby is
  • A Window display
  • B Trade fair
  • C Personal selling
  • D Sales promotion
View Answer & Explanation