Business Activities Quiz

What is the main concern of commerce?

• Distribution of goods

• Mining industry

• Production of goods

• Service industry

What does the term 'trade' refer to?

• Buying and selling

• Advertising goods

• Storing goods

• Transporting goods

What is the role of a wholesale trader?

• Storing goods

• Buying in large quantities

• Selling directly to consumers

• Buying in small quantities

What is the purpose of transport in commerce?

• Advertising goods

• Moving goods from one place to another

• Destroying goods

• Storing goods

What is the function of a warehouse in business?

• Transporting goods

• Storing goods

• Selling goods

• Insuring goods

What is the role of insurance companies in business?

• Advertising goods

• Buying and selling goods

• Storing goods

• Compensating for loss due to risks

What is the purpose of advertising in business?

• Communicating information about goods

• Destroying goods

• Transporting goods

• Storing goods

What is the main function of banks in business?

• Selling goods

• Storing goods

• Supplying money

• Advertising goods

What type of transport includes road and rail?

• Water transport

• Air transport

• Land transport

• Storage transport

What is the term used for communicating with people through advertising when they are in their homes?

• Retail advertising

• Indoor advertising

• Outdoor advertising

• Wholesale advertising