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What is the main advantage of a partnership business?

Business/Management

ScanSolve AI Answer

Here are the answers to the questions:

  1. The aim of studying commerce shows the importance of satisfying human wants.

    • A. Trade
  2. The main branch of commerce is:

    • C. Trade
  3. An auxiliary to continuous supply of goods is:

    • D. Warehouse
  4. Commercial activities are generally classified as:

    • D. Indirect production
  5. Wants which can be satisfied by using the natural resources available to mankind are:

    • A. Material wants
  6. The refund of custom duties for goods re-exported to other countries is called:

    • C. Custom drawbacks
  7. Trade amongst the CEMAC countries can best be explained as:

    • B. Multilateral trade
  8. Enterprise is determined by:

    • A. Capital and size
  9. The department responsible for determining wages and negotiating with trade unions is the:

    • C. Personnel department
  10. The branch of production that brings about the change of ownership and location of goods is:

    • C. Commercial activities
  11. Unincorporated businesses raise their capital primarily through:

    • D. Savings from members
  12. In which of the following businesses are profits used, called surpluses?

    • A. Cooperative enterprise
  13. Which of the following is a social responsibility of an enterprise?

    • B. Create employment
  14. What is the main advantage of a partnership business?

    • C. Shared decision making
  15. Inflow of activities in an enterprise occurs when...

    • A. Debtors settle their debts
  16. The statement "Milk is good for you" describes which advertising function?

    • C. Persuasive
  17. This advertising media combines sound and sight:

    • B. Television
  18. An advertising media not suitable in areas without street is...

    • A. Newspaper
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