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1
Which of the following is not a function of commerce?
A advertising goods
B creation of goods
C increasing profit made
D distribution of goods
↪ Answer
Correct Option: A
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2
Which of the following is not a function of commerce?
A advertising goods
B creation of goods
C increasing profit made
D distribution of goods
↪ Answer
Correct Option: A
We're working to add a detailed solution for this question
3
Which of the following is not a function of commerce
A advertising goods
B creation of goods
C increasing profit made
D distribution of goods
↪ Answer
Correct Option: C
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4
Any activity that changes raw materials into consumer or industrial goods is
A Constructive
B assembling
C extractive
D manufacturing
↪ Answer
Correct Option: D
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5
The divisions of production are
A industry,banking and services
B industry,manufacturing and services
C industry,commerce and services
D industry, commerce and services
↪ Answer
Correct Option: C
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6
Risks in business are borne by the
A consumer
B entrepreneur
C marketing manager
D personnel manager
↪ Answer
Correct Option: B
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7
The main aim of credit and thrift societies is to
A settle disputes among members
B educate their members
C secure loans for members
D encourage savings among members
↪ Answer
Correct Option: D
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8
In which of the following business units are profits shared on the basis of membership patronage?
A public enterprise
B partnership
C co-operative society
D public limited liability company
↪ Answer
Correct Option: C
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9
A business becomes a separate legal entity after it has
A started operation
B been incorporated
C been insured
D been accepted by the public
↪ Answer
Correct Option: B
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10
The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is
A horizontal integration
B vertical integration
C lateral integration
D joint venture
↪ Answer
Correct Option: B
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