Commerce Commerce 1 / 10 _____________commerce is the process of marketing and selling products between two businesses online. Check 2 / 10 __________ established rules for tariffs relating to the import and export of goods between countries WTO and WHO WTO and GATT GATT GATT and WHO 3 / 10 Which of the following is the best definition of transaction cost? the cost of changing prices the cost of participating in a market the cost of participating in a market the cost merchants pay to bring their goods to market 4 / 10 E-commerce can be defined as the use of the Internet, the Web, and mobile apps to transact business. the use of any Internet technologies in a firm’s daily activities. the digital enablement of transactions and processes within an organization. any digitally enabled transactions among individuals and organizations. 5 / 10 A flexible exchange rate is a type of rate that is ascertained by the demand and supply of distinct currencies in the _____________. Check 6 / 10 Legal reserve ratio is equal to _______. CRR/SLR CRR – SLR SLR – CLR CRR + SLR 7 / 10 Cash paid against trade payable belongs to which of the following? No effect Operating activities Financing activities Investing activities 8 / 10 According to __________ theory, by vertically integrating backward to gain control over the source of raw material, a firm can raise entry barriers and shut new competitors out of an industry. Check 9 / 10 What is a backward integration? Price rise caused by the excess of demand over supply Dumping a large number of a company’s shares on the stock market to bring down their price. The ratio between long term debts and equity funds Acquiring companies which produce the raw materials a company uses 10 / 10 What does IBRD stand for? International Bank for Reconstruction and Development. Indian Bank for Reconstruction and Development. International Bank for Research and Development. Indian Bank for Research and Development. Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
