Commerce Chapter 1 Concepts Quiz
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Questions and Answers

What is the primary focus of Commerce chapter 1?

  • The history of trade routes
  • The importance of branding in commerce
  • The role of ethics in business
  • The impact of technology on commerce (correct)

    • Which concept is NOT discussed in Commerce chapter 1?

  • Supply chain management
  • Globalization
  • Corporate social responsibility
  • Microeconomics (correct)

    • In Commerce chapter 1, what is the significance of branding?

  • Building customer loyalty (correct)
  • Enhancing shareholder value
  • Reducing operating costs
  • Maximizing profit margins

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