Factors affecting the growth of commerce. - SS1 Commerce Past Questions and Answers - page 1
1
Which factor refers to the overall economic health of a country?
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A
Infrastructure
B
Economic Conditions
C
Government Policies
2
What role does technology play in commerce?
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A
Enabling new business models
B
Establishing government policies
C
Determining market demand
3
What factor contributes to market reach and global expansion?
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A
Government policies
B
Technological advancements
C
Economic conditions
4
Why is political stability important for commerce?
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A
It determines market demand
B
It attracts foreign direct investment
C
It attracts foreign direct investment
5
What contributes to the competitiveness of domestic businesses?
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A
Global trade and market access
B
Market demand
C
Economic conditions
6
Name one example of infrastructure that is important for commerce.
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7
How does a stable socio-political environment affect commerce?
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