Commerce

Which of the following industries is normally located near the source of its raw materials?

A. Footwear industry B. Cement industry C. Textile industry D. Automobile assembly Correct Answer: Option B - Cement industry

4 years ago

Which of the following is a function of employers’ associate?

A. undertaking research on behalf of employees B. promotion of thrift in workers C. promotion of workers' welfare D. Dissemination…

4 years ago

Which of the following involves foreign trade?

A. supermarket B. Chain stores C. Departmental stores D. commodity markets Correct Answer: Option D - Departmental stores

4 years ago

Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as?

A. bulls B. jobbers C. brokers D. stags Correct Answer: Option B - jobbers

4 years ago

The process of mobilizing; engaging and maintaining workers to work for an organization is referred to as?

A. staffing B. selection C. recruitment D. employment Correct Answer: Option A - staffing Explanation Staffing involves manning the organization…

4 years ago

The total of share capital which a company should be allowed to issued is known as?

A. called-up capital B. paid-up capital C. nominal capital D. issued capital Correct Answer: Option C - nominal capital

4 years ago

A contract for the sale of goods involved the?

A. producer, seller and the buyer of goods B. offering of goods to customers C. transfering of the title to…

4 years ago

A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?

A. public liability company B. joint venture company C. limited company D. registered company Correct Answer: Option D - registered…

4 years ago

An important principle of a good organization structure is?

A. ideal standard B. span control C. clarity of mission D. adequacy resources Correct Answer: Option B - span control

4 years ago

A wholesaler who possesses the title of goods he sells is known as?

A. a merchant wholesaler B. a multiple wholesalers C. a general wholesaler D. an agent wholesaler Correct Answer: Option A…

4 years ago