Question 1 of 20 4,313 total questions
The retail of goods through currency operated machines is known as?
A mail order business
B automatic vending
C party selling
D impulse buying
E merchandising
An alternative term for ordinary shares is?
A unit trust
B gilt-edged securities
C equities
D bonus issues
E right issues
Commerce is not concerned with?
A changing the place ofa product
B changing the form ofa product
C changing ownership of a product
D distribution of a product
E warehousing of a product
The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies?
A organising
B planning
C communicating
D directing
E coordinating
Which of the following belongs to the capital market?
A Commercial bank
B Stock exchange
C Ministry of Finance
D Chamber of Commerce
E Discount House
Who among the following is not involved in foreign trade?
A Factor
B Dei Credere Agent
C Wholesale Merchant
D Jobber
E Forwarding Agent
The rebate given to the retailer by the wholesalerto enable him make profit is known as
A trade discount
B cash discount
C credit guarantee
D commission
E mark-up
Which of the following belongs to the capital market?
A Commercial bank
B Stock exchange
C Ministry of Finance
D Chamber of Commerce
E Discount House
The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?
A organizsing
B planning
C communicating
D directing
E coordinating
Who among the following is not involved in foreign trade?
A Factor
B Dei Credere Agent
C Wholesale Merchant
D Jobber
E Forwarding Agent
The rebate given to the retailer by the wholesaler to enable him make profit is known as?
A trade discount
B cash discount
C credit guarantee
D commission
E mark-up
A cheque that is drawn on a bank is called?
A certified cheque
B bankdraft
C bank note
D order cheque
E bearer cheque
Which of the following is not considered by banks when granting loans to customers?
A Character ofthe customer
B Amount needed
C Period of repayment
D Amount of interest payable
E Purpose of the loan
Which of the following is not considered by banks when granting loans to customers?
A Character ofthe customer
B Amount needed
C Period of repayment
D Amount of interest payable
E Purpose of the loan
The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an
A delegation
B deputising
C coordinating
D supervision
E motivation
The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?
A hedging
B black market
C dumping
D speculation
E speculation
When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
A carriage forward
B franco
C Loco
D free on board
E A free alongside ship
Which of the following is a problem facing mail order business?
A Expensive shop fronts
B cost of postage and advertisement
C Commission to agents
D Increase in branded goods
E increase in the variety of catalogues
Retail outlets which sell from specialised vans are
A supermarkets
B multiple shops
C mail orderfirms
D department stores
E mobile shops
A group of trims that produce similar goods or sen/ices is called?
A an industry
B a trade association
C a cartel
D a holding company
E an amalgam
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