NURSING ANM AND GNM

NURSING EXAM QUESTIONS

HEALTH EDUCATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Purchasing a large quantity of scarce commodity for one’s self is called ____
A
storing
B
hoarding
C
boarding
D
protecting
Explanation: 

Detailed explanation-1: -Hoarding is the purchase of large quantities of a commodity by a speculator with the intent of benefiting from future price increases. It is possible for hoarding to create a cycle of speculation, self-fulfilling prophecies, and inflation.

Detailed explanation-2: -Hoarding crosses into another category altogether when a company uses it as a business strategy to manipulate the market. The practice is known as “cornering the market.”

Detailed explanation-3: -Quite simply, Hoardings are often designed to help people recognise a place or brand. For instance, retailers will often use them to show which shop is going into a development. Property developers use them to let people know who is responsible for the site.

There is 1 question to complete.