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Specialization and Division of Labor Quiz Answers PDF - 3

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Business Commerce MCQs: Specialization and Division of Labor Quiz Online PDF Download - 3

MCQ: Division of tasks among individual usually results

A) better output
B) profit
C) efficiency in techniques
D) development

MCQ: The compensation given by the insurance company known as

A) markup
B) tax
C) premiums
D) profit

MCQ: Supplier can safeguard clerical errors in invoice through

A) E and O.E
B) VAT
C) MRS
D) EEO

MCQ: It is the nature of large-scale retailing that customer can not directly deal with

A) manager
B) whole seller
C) manufacturer
D) shopkeeper

MCQ: Wholesalers are the best known example of

A) agents
B) businessman
C) middleman
D) partners

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