Commerce

The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of?

A. Product concept B. Marketing concept C. Distribution concept D. Price concept Correct Answer: Option B - Marketing concept Explanation…

5 years ago

Communication enhances business activities by?

A. facilitating interaction between producers B. Facilitating interaction among media houses C. ensuring the movement of good forms the producer…

5 years ago

The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and?

A. Guaranties B. Warranties C. Sureties D. Consideration Correct Answer: Option B - Warranties Explanation Conditions and warranties is any…

5 years ago

The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is?

A. Mainframe Computer B. Digital Computer C. Analogue Computer D. Hybrid Computer Correct Answer: Option A - Mainframe Computer Explanation…

5 years ago

The application of division of labour would generally bring about?

A. Increase in quantity of goods and services B. Increase in variety of goods and services C. Cheapness of goods…

5 years ago

A market where new shares are traded is known as?

A. Primary Market B. Stock Exchange C. Secondary Market D. Money Market Correct Answer: Option A - Primary Market Explanation…

5 years ago

Citizens are against privatization mainly because of?

A. Ineffective Management B. The likely hood of monopoly C. Increased price of good and services D. The ration dilation…

5 years ago

The agency in Nigeria which ensure that products conform to government quality specification is the?

A. Nigerian consumers’ association B. Manufacturers' Association of Nigeria C. Standard Organization of Nigeria D. Nigerian Chamber of commerce Correct…

5 years ago

The major determinant of fire insurance premium is the?

A. Owner of the property B. usefulness of the property to the owner C. Type and structure of the property…

5 years ago

In product pricing; which of these elements need more consideration than others?

A. The cost of producing the product B. The economic conditions in the market C. the demography of the buyers…

5 years ago