Commerce

A very effective way of resisting the producer’s exploitation is to?

A. ban the producer B. campaign against the company C. form consumer's association D. form a trade union Correct Answer:…

6 years ago

Which of the following is the duty of the Employers Association?

A. procuring raw materials at regular intervals B. establishing a uniform wage scale C. negotiating with the government on sites…

6 years ago

Dividend is always expressed as a percentage of total?

A. earnings of a business B. value of shares owned C. working capital D. volume of business Correct Answer: Option…

6 years ago

The working capital of a firm is calculated as?

A. current assets minus current liabilities B. current liabilities minus fixed assets C. value of all assets D. value of…

6 years ago

An increase in the volume of sales is also an increase in?

A. profit B. turnover C. fixed assets D. owner's equity Correct Answer: Option B B. turnover

6 years ago

A private company’s ability to raise capital is limited because?

A. its borrowing powers are limited B. membership does not exceed 50 C. shares cannot be made public D. of…

6 years ago

The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is?

A. horizontal integration B. vertical integration C. lateral integration D. joint venture Correct Answer: Option B B. vertical integration

6 years ago

A business becomes a separate legal entity after it has?

A. started operation B. been incorporated C. been insured D. been accepted by the public Correct Answer: Option B B.…

6 years ago

In which of the following business units are profits shared on the basis of membership patronage?

A. public enterprise B. partnership C. co-operative society D. public limited liability company Correct Answer: Option C C. co-operative society

6 years ago

The main aim of credit and thrift societies is to?

A. settle disputes among members B. educate their members C. secure loans for members D. encourage savings among members Correct…

6 years ago