Business And Commerce - Study Mode
[#506] A concept in retailing that helps explain the emergence of new retailers is called the . . . . . . . . hypothesis.
Correct Answer
(D) Wheel-of-retailing
[#507] Maximum number of partners in firm formed by banking business is
Correct Answer
(C) 10
[#508] What is the term used popularly for the situation when a speculator, being dominant in the market, expects a drop in the value of a particular currency and he begins selling it forward?
Correct Answer
(B) Bandwagon Effect
[#509] One of the disadvantages of sole proprietory organization is:
Correct Answer
(A) Unlimited liability
[#510] Which of the following is not a component of a specific environment?
Correct Answer
(C) Economic system