Commerce 2011 | Study Mode

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Question 1
A
enhancing business relationships 
B
helping people to improve their profits 
C
facilitating exchange among individuals and firms 
D
assisting trade through banking and insurance 
Explanation.
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Correct Option:
C
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Question 2
A
construction, trade and services 
B
manufacturing, industry and services 
C
farming, banking and trading 
D
industry, commerce and services 
Explanation.
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Correct Option:
D
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Question 6
A
primary production 
B
tertiary production 
C
direct production 
D
secondary production 
Explanation.
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Correct Option:
A
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Question 9
A
financing of production activities 
B
provision of credit facilities to relations 
C
provision of jobs for customers 
D
breaking of bulk 
Explanation.
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Correct Option:
D
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Question 10
A
reduce transportation cost 
B
make contact with individual consumers 
C
discourage the activities of middlemen 
D
maximize profit margin 
Explanation.
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Correct Option:
C
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