by Sunday | Sep 23 | NABTEB QUESTIONS
The functions of wholesalers to the supplier are: 1. Information 2. Storage/ware housing 3. Preparing commodities. 4. Advertising and promotion 5. Financing 6. Quantity and bulk buying EXPLANATIONS: INFORMATION: The wholesaler gives useful information to the supplier...
by Sunday | Sep 23 | NABTEB QUESTIONS
In the chain of distribution, a wholesaler is a person that normally buy goods either raw materials or finished goods in large quantities from the producers and manufacturers and resell in small quantities to retailers
by Sunday | Sep 23 | NABTEB QUESTIONS
The functions of these organizations are: 1. To eliminate hoarding of the goods by producers and middlemen. 2. To stamp out profiteering by business men 3. To prevent the dumping of substandard and unsafe goods on the consumers 4. To protect the consumers from...
by Sunday | Sep 23 | NABTEB QUESTIONS
The organizations involved in consumer protection are: 1. Nigerian standard organization (NSO) 2. Manufacturer/producer association 3. Rent tribunals 4. Price control board 5. Professional board e.g. Nigerian medical association(NMA), Nigeria bar association e.t.c 6....
by Sunday | Sep 23 | NABTEB QUESTIONS
Consumer protection consists of the process adopted by the government, its agent as well as private institutions to avoid the exploitation and cheating of the consumers as they purchase goods from producers
by Sunday | Sep 23 | NABTEB QUESTIONS
The factors that must be considered in selecting mode of transportation are: 1. Distance/Location: The location where the goods are needed will help to determine the choice of transport. Where the place is far, air may be chosen. 2. Unit volume of the goods: Valuable...