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Which of the following goods are kept in bonded warehouse?

A. Semi-finished goods B. Dutiable goods C. Consumer goods D. Finished goods Correct Answer: Option B - Dutiable goods

3 years ago

An example of a government warehouse is?

A. co-operative warehouse B. bonded warehouse C. manufacturer's warehouse D. private warehouse Correct Answer: Option B - bonded warehouse

3 years ago

One of the reasons transportation is important is that it?

A. ensures customers' satisfaction B. ensures profit maximization C. facilitates the distribution of goods D. ensures stabilization of product price…

3 years ago

The document that shows the details of goods being transported is the?

A. bill of exchange B. invoice C. waybill D. Certificate of Origin Correct Answer: Option C - waybill

3 years ago

Which of the following distribution channels would be used to sell tractors and cranes?

A. Producer>Agent>Consumer B. Producer>Agent>Retailer>Consumers C. Producer>Agent>Wholesaler>Retailer>Consumer D. Producer>Agent>Wholesaler>Consumer Correct Answer: Option A - Producer>Agent>Consumer

3 years ago

The channel member who does not take title to goods is the?

A. retailer B. wholesaler C. agent D. distributor Correct Answer: Option C - wholesaler

3 years ago

An example of merchandising activity is?

A. canvassing for customers by salesmen B. displaying product at the retail store C. distribution of goods to customers D.…

3 years ago

The creation of awareness for a product at the point of sale is?

A. sales promotion B. sampling C. personal selling D. merchandising Correct Answer: Option B = sampling

3 years ago

Coupon is used as a sale promotional tool targeted at?

A. wholesalers B. consumers C. retailers D. salesmen Correct Answer: Option B - consumers

3 years ago

A reason for granting quantity discount is to?

A. encourage prompt payment B. encourage bulk purchases C. make sales outlet popular D. encourage competitions Correct Answer: Option B…

3 years ago