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Worksheets

commerce

Total questions: 18

Worksheet time: 10mins

Name
Class
Date
1.
A person who buys goods and services is called a
a)
Consumer
b)
Producer
c)
Server
d)
Student
2.

Expand WWW

a)

watch, website,Wheel

b)

World Wide Web

c)

World wide Website

d)

Webinar watch world

3.

What do you prefer?

a)

Online shopping

b)

Offline shopping

4.

What do you prefer?

a)

Online shopping

b)

Offline shopping

5.

What are the 4P's of marketing?

a)

Product

b)

Price

c)

Promotion

d)

Person

6.

What is the impersonal and paid form of marketing used to increase the awareness and sales of brand?

(a)  

7.

When two businesses interact in e-commerce it is known as?

a)

B2B

b)

B2C

c)

C2C

d)

B2G

8.

Business Environment leading to changes in taxes and laws is?

a)

Social environment

b)

Economic environment

c)

Political environment

d)

Legal environment

9.

E-commerce is a latest technology related with

a)

Commerce

b)

Computer

c)

Both Commerce and computer

d)

buying and selling

10.

Goodwill is a(n)

a)

assets

b)

liability

c)

fictitious asset

d)

current asset

11.
Which of the following is NOT a service
a)
Bus ride
b)
Movie
c)
Pen
d)
Haircut
12.

Expand IBM

a)

International Business Machine

b)

International Business Model

c)

Inter collaboration Buying model

d)

Interwoven buying machine

13.

What is e-commerce?

a)

Buying goods and services on your local high street

b)

Business transactions involving payment using credit card

c)

Commercial transactions conducted electronically on the Internet

d)

Selling a range of good and services at your local car boot sale

14.

E - commerce is business using electronic means.

a)

True

b)

False

c)

Both A and B

d)

Non of the above

15.

Barter system is

a)

Current method of trade

b)

Using credit cards and new methods of money

c)

Services to trade

d)

Exchanging goods to goods

16.

The correct debit entries are

a)

Asset increases, Expenses decreases, Liabilities increases

b)

Asset increases, Expenses increases, Equity decreases

c)

Asset decreases, Income Increases, Capital increases

17.

A ————— is a physical thing produced to fulfill human needs and wants

(a)  

18.

E-commerce is the -------- transactions

a)

Paper Transactions

b)

Paperless Transactions

c)

Online Sale and Purchase of Goods and Services

d)

only credit transactions