The management function of anticipating the future determining the best course action to achieve company objective is?
A. directing B. organizing C. controlling D. planning E. consulting Correct Answer: Option D – planning
Which of the following shows the financial position of a business on a given date?
A. Bank statement B. Balance sheet C. journal D. Cash book E. Trial Balance Correct Answer: Option B – Balance sheet
Which of the following is not a problem of distribution, sales and merchandizing?
A. Transporting goods B. Trade malpractices C. Pressure of sales D. Sales force complacency E. Easy payment for purchases Correct Answer: Option E – Easy payment for purchasesWhich of the following is not one of the functions of warehousing?
A. Goods are available where they are required B. Goods are stored until they are required C. Production takes place ahead of demand D. changes are avoided in prices which may result from shortage and gulps E. Goods are available when required Correct Answer: Option A...
For continuous existence, a service-oriented concern depends on?
A. liquid assets B. middlemen C. patronage of consumers D. legislation of the ruling political party E. staff strength of the concern Correct Answer: Option C – patronage of consumersProducts
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