Commerce

Which of the following is the modern means of communication?

A. grape vine B. email C. whistles D. town crier Correct Answer: Option B B. email Explanation Electronic mail, email…

6 years ago

How many countries form ECOWAS?

A. 17 B. 16 C. 15 D. 14 Correct Answer: Option C C. 15 Explanation There are currently 15 member…

6 years ago

The provision of scholarship by a firm to needy students is part of its?

A. political responsibility B. economic responsibility C. social responsibility D. legal responsibility Correct Answer: Option C C. social responsibility Explanation…

6 years ago

A transfer of authority from a superior officer to his subordinate in an organization is?

A. controlling B. decentralization C. delegation D. directing Correct Answer: Option C C. delegation Explanation Delegation is the assignment of…

6 years ago

An advantage of privatizing a firm is that it?

A. becomes more efficient B. sells goods at low prices C. employs more workers D. attracts more customers Correct Answer:…

6 years ago

Activities undertaken to create awareness of a product by giving out samples or gifts is?

A. marketing mix B. marketing concepts C. window display D. sales promotion Correct Answer: Option D D. sales promotion Explanation…

6 years ago

Which of the following functions is not performed by the export promotion council?

A. prevention of importation of harmful goods B. provision of credit facilities to exporters C. provision of technical advice to…

6 years ago

A bank draft is a cheque drawn by a bank on?

A. another bank B. itself C. creditors D. customers' deposits Correct Answer: Option B B. itself Explanation A bank draft…

6 years ago

A government legislation which ensures that quality goods and services are available to customers is?

A. hire purchase act B. copyright act C. price control act D. standard organization act Correct Answer: Option D D.…

6 years ago

An advertisement method whose objective is to convince customers to buy a product is?

A. informative advertisement B. persuasive advertising C. competitive advertising D. mass advertisement Correct Answer: Option B B. persuasive advertising Explanation…

6 years ago