A. production B. product mix C. utility D. trade Correct Answer: Option C - utility Explanation Utility is a term…
A. product mix B. promotion mix C. marketing concept D. product orientation. Correct Answer: Option C - promotion mix Explanation…
A. possession utility B. marginal utility C. form utility D. place utility Correct Answer: Option A - possession utility Explanation…
A. span of control B. unity of command C. scalar chain D. unity of direction Correct Answer: Option A -…
A. BPE B. SEC C. NDIC D. CBN Correct Answer: Option B - SEC Explanation The Securities and Exchange Commission…
A. arbitrage B. franco C. contango D. backwardation Correct Answer: Option D - backwardation Explanation Backwardation is a percentage paid…
A. entitles the purchaser to receive a company's current dividend B. entitles the vendor to receive a company's current dividend…
A. delivery note B. consignment note C. transfer form D. contract note Correct Answer: Option D - contract note Explanation…
A. stag B. bull C. del credere D. jobber Correct Answer: Option D - jobber Explanation Jobbers and brokers both…
A. legal tender B. bank notes C. token money D. commodity money Correct Answer: Option C - token money Explanation…