The practice of employing specialists in relevant occupations is a feature of?
A. subsistence economy B. mobility of labour C. mixed economy D. exchange economy E. division of labour Correct Answer: Option E – division of labour
The process of buying and selling and distribution of goods and services is known as?
A. retail trade B. commerce C. marketing concept D. marketing mix E. wholesale trade Correct Answer: Option B – commerce
Demurrage is a charge for?
A. utilized lay days B. unused lay days C. exceeding lay days D. damaged cargo E. jettisoned cargo Correct Answer: Option C – exceeding lay days
The Nigeria Television Authority is an example of a?
A. private limited liability company B. public limited liability company C. multinational corporation D. co-operative society E. public corporation Correct Answer: Option E – public corporationWhich of the following is not an element of the marketing mix?
A. Product B. Pricing C. Promotion D. Merchandising E. Distribution Correct Answer: Option D – MerchandisingProducts
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