GRADE 8 BUSSINESS STUDIES 3RD TERM MID TERM TEST 2022/2023

...is a place where raw and finished goods are sold.

• Market square

• Free market

• Commodity market

• Goods market

A market where shares and stocks are traded id called ...

• Market

• Trading

• Capital market

• Shares

The act of selling goods to the highest bidder is called...

• Auction

• Description

• Sampling

• Business

Which of the following instrument is traded in a money market?

• Food stuffs

• Treasury bills

• Overdrafts

• Bills

A market for long term loan is called

• Long term

• Short term

• Capital market

• All of the above

Who accepts visitors in an organization?

• Gate man

• Security personnel

• Receptionist

• Admiistrator

The communications carried out in an office are called...

• Correspondence

• Parallel

• Coordination

• Organization

Official correspondence can either be written or

• Written

• Digital

• Corredpondence

• Organization

The documents that facilitates work in an office are called

• Office

• Documentary

• Official documents

• All of the above

The buying and selling of goods is called

• Selling

• Buying

• Trade

• Storage