Goods used to produce and create wealth are?
A. Consumer goods. B. Convenience goods. C. Industrial goods. D. Shopping goods. Correct Answer: Option C – Industrial goods.
Palm oil sellers association is an example of?
A. Market union. B. Cartel. C. Labour union D. Chamber of commerce. Correct Answer: Option A – Market union.
A warehouse owned and controlled by an independent business company for general use by organizations is?
A. Public warehouse. B. Private warehouse. C. Bonded warehouse. D. Cooperative warehouse. Correct Answer: Option B – Private warehouse.
A price reduction to reward dealers for participating in advertising and sales support programmes is a?
A. Seasonal discount. B. Sales Contest. C. Promotional allowance. D. Quantity discount Correct Answer: Option B – Sales Contest.
A factor to be considered irrespective of the choice of a mode of transporting goods is the?
A. Price of the goods. B. Nature of the goods C. Brand of the goods. D. Packaging of the goods Correct Answer: Option B – Nature of the goodsProducts
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