Commerce Past Questions and Answers

(a) List five Means of payment in Home Trade
(b) Explain ways computers could be useful to a Motor vehicle seller

(a) What is Entrepot Trade?
(bi)Differentiate between a Bill of Lading and Consignment Note
(bii) Explain the use of bill of sight in foreign trade
(c) State five reasons for the criticism against Advertising

Madam Fana, the human resources manager of Baku limited, is due to start her annual leave. She wishes to assign one of her assistants to perform her duties in her absence.
(i) identify and explain the organizational principle on which Madam Fana has based her decision
(ii) State four duties of Madam Fana in Baku limited.
(iii) Explain the following management functions: (a) Planning: (b) Organizing (c) Directing: (d) Controlling