Commerce and Supply Chain Quiz
5 Questions
0 Views

Commerce and Supply Chain Quiz

Created by
@BenevolentJudgment4566

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the principal factor that gives rise to commercial exchanges?

  • Technological advancements
  • Diversity in the distribution of natural resources (correct)
  • High demand for goods and services
  • Government regulations

    • What does commerce consist of, along the entire supply chain?

  • Financial services
  • Trade and aids to trade (correct)
  • Marketing and advertising
  • Logistics and transportation

    • What is trade categorized into?

  • Local trade and global trade
  • Domestic trade and international trade (correct)
  • Retail trade and e-commerce
  • Wholesale trade and manufacturing

    • What is the primary purpose of trade at marketplaces?

    <p>Exchange of goods and services between buyers and sellers for a price</p> Signup and view all the answers

    What does commerce contribute to within economies?

    <p>Smooth and unhindered distribution and transfer of goods and services</p> Signup and view all the answers

    More Like This

    Commerce and Supply Chain Quiz
    5 questions

    Commerce and Supply Chain Quiz

    ArtisticJaguar8519 avatar
    ArtisticJaguar8519
    Commerce and Supply Chain Quiz
    10 questions

    Commerce and Supply Chain Quiz

    WorthwhileJasper155 avatar
    WorthwhileJasper155
    Commerce and Supply Chain Quiz
    5 questions

    Commerce and Supply Chain Quiz

    UncomplicatedVolcano437 avatar
    UncomplicatedVolcano437
    Supply Chain Management and Commerce Quiz
    10 questions

    Supply Chain Management and Commerce Quiz

    FastGrowingAlgorithm avatar
    FastGrowingAlgorithm
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser