The form of advertising which aims at wining the market for one particular brand is known as?
A. informative advertisement B. generic advertisement C. persuasive advertisement D. competitive advertisement E. direct advertisement Correct Answer: Option D – competitive advertisement
The outright purchase of one company by another is called?
A. absorption B. merger C. cartel D. acquisition E. privatization Correct Answer: Option D – acquisition
An agreement whereby the seller transfers the title to goods at a price is called?
A. contract of sale B. a hire-purchase agreement C. an agency agreement D. a contract of carriage of goods E. haggling Correct Answer: Option A – contract of sale
The most important factor influencing the form of a business unit is?
A. expansion possibilities B. business integrity C. the amount of capital value D. adequate number of skilled employees E. the number of competing firms in the industry Correct Answer: Option C – the amount of capital...Who among the following is NOT a middleman?
A. a retailer B. broker C. factor D. consumer E. wholesaler Correct Answer: Option D – consumerProducts
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