Commerce

Which of the following is responsible for carrying out the monetary policy of a country?

A. The Ministry of Finance B. international Monetary Fund C. Internal Revenue Board D. The Central Bank E. The World…

5 years ago

Firms merge in order to?

A. discourage the employment of specialists B. encourage competition C. discourage the use of each other’s bye-products D. create a…

5 years ago

Which of the following encourages free trade among member nations?

A. lMF B. UNO C. WHO D. OAU E. EEC Correct Answer: Option E - EEC

5 years ago

Which of the following refers to the practice of importing for re-export?

A. Counter trade B. Dumping C. Entrepot trade D. Forward trading E. Bilateral trade Correct Answer: Option C - Entrepot…

5 years ago

ECOWAS headquarters is located in?

A. Ghana B. Nigeria C. Senegal D. Sierra Leone E. Togo Correct Answer: Option B - Nigeria

5 years ago

The art of achieving stated objectives of a business organisation in a most efficient way through the use of human and material resources is?

A. planning B. co-ordinating C. management D. motivation E. control Correct Answer: Option C - management

5 years ago

Any paid form of non-personal presentation of ideas, goods or services by an identified sponsor is known as?

A. market research B. market orientation C. open market operation D. advertising E. sales promotion Correct Answer: Option D -…

5 years ago

The retail of goods through currency operated machines is known as?

A. mail-order business B. automatic vending C. party selling D. impulse buying E. merchandising Correct Answer: Option B - automatic…

5 years ago

An alternative term for ordinary shares is?

A. unit trust B. gilt-edged securities C. equities D. bonus issues E. right issues Correct Answer: Option C - equities

5 years ago

Commerce is not concerned with?

A. changing the place of a product B. changing the form of a product C. changing ownership of a product…

5 years ago