A pattern that shows the kinds of participants involved in the production; distribution and ultimate use of a product is referred to as?
A. selection B. strategy C. structure D. synergy Correct Answer: Option C – structure
The main motive of chambers of commerce and trade association is to?
A. assist governemnt in achieving its objective B. protect the interest of consumers C. maximize profit D. protect and promote the interests of members Correct Answer: Option D – protect and promote the interests of members
The right of ownership with respect to goods or property is?
A. right of occupancy B. proxy C. tittle D. certificate of occupancy Correct Answer: Option D – certificate of occupancy
An obstacle to international trade is?
A. trade imbalance between countries B. availiability of local market C. quantity and quality of labour D. cost of finance Correct Answer: Option D – availiability of local market
An example of a service-rendering trade association is?
A. Nigeria Bar Association B. Association of Nigeria Miners C. Cocoa Farmers’ Association D. Manufacturers’ Association of Nigeria Correct Answer: Option A – Nigeria Bar AssociationProducts
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