Commerce

A group of retailing shops under one management and selling then same products is known as?

A. multiple shop B. supermarket C. department stores D. variety store E. unit shop Correct Answer: Option A - multiple…

5 years ago

Which of the following is an investor earns profit on the basis of his patronage?

A. debenture holder B. partner C. sole proprietor D. co-operative member E. shareholder Correct Answer: Option D

5 years ago

Which of the following is an investor earns profit on the basis of his patronage?

A. debenture holder B. partner C. sole proprietor D. co-operative member E. shareholder Correct Answer: Option D - co-operative member

5 years ago

Which of the following is not true of a sole proprietorship?

A. It has a separate legal entity B. It has unlimited liability C. It has slim chances of expansion D.…

5 years ago

Into which of the following two broad areas can trade be divided?

A. home and foreign trade B. home and retail trade C. wholesale and retail trade D. foreign and wholesale trade…

5 years ago

The three main division of production are?

A. extraction, manufacturing and construction B. import, export and entrepot C. industry, commerce and direct service D. industry, trade and…

5 years ago

A group of persons that agrees to pool its resources to achieve a particular objective is known as?

A. consortium B. holding company C. cartel D. trust E. subsidiary company Correct Answer: Option A - consortium

5 years ago

The organization that aims at protecting the business interest of a particular area is the?

A. Trade Association B. Manufacturing Association of Nigeria C. Chamber of Commerce D. Confederation of industrialists E. Trade Union Correct…

5 years ago

Air transport is considerable importance today because it?

A. is faster than other means of transport B. can deliver goods to owner's destination C. is relatively cheaper D.…

5 years ago

A company that acquires a majority of the shares of the other companies with voting rights is regarded as?

A. a consortium B. a holding company C. an amalgamator D. a subsidiary company E. cartel Correct Answer: Option B…

5 years ago