Commerce Past Questions And Answers
The most effective type of advertising for branded products is
- A. mass advertising
- B. persuasive advertising
- C. informative advertising
- D. competitive advertising
A document which gives a legal status to a company is the certificate of?
- A. incorporation
- B. trading
- C. commencement of business
- D. business registration
The of the products of the construction industry is a
- A. piece of cloth
- B. bag of cement
- C. television
- D. chair
The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a
- A. Partnership
- B. Company
- C. Joint venture
- D. Co-operative society
The use of current account in business is convenient because
- A. withdrawal can be made at any time
- B. deposits earn higher interests
- C. loans are always available
- D. notices are necessary befor withdrawals
A similarity of private and public company is that they
- A. sell shares on the stock exchange
- B. have equal number of members
- C. receive certificate of incorporation
- D. are required to publish their final accounts
a) What isbranding?
b) State threeadvantages of branding to each of the following:
- Manufacturer;
- Retailer;
- Consumer
When a Public Limited Company is incorporated it means that
- A. it is entitled to commence business
- B. It has been given certificate of trading
- C. It has a legal existence
- D. its shares cannot be transffered
An insurance policy which benefits one's famility only in the event of one's death is known as
- A) comprehensive insurance
- B) a whole life insurance
- C) an annuity
- D) an endowment
The process of taking over the management and control of a privately owned business by government is
- A. indigenization
- B. nationalization
- C. participation
- D. privatization