Commerce

Which of the following is the main aim of the Indigenization Decree?

A. alleviate the effect of inflation B. eliminate foreigners from Nigerian economy C. remove all obstacles to commercial activities D.…

5 years ago

An important marketing concept is that all company planning and operations should be?

A. profit-oriented B. company-oriented C. organization-oriented D. dividend-oriented E. customer-oriented Correct Answer: Option E - customer-oriented

5 years ago

Which o the following is not a component of a company’s marketing mix?

A. Production planning and price structure B. Promotional plan C. Distribution plan D. Economic plan E. Public relations plan Correct…

5 years ago

Information on new goods is passed on to buyers through?

A. wholesale trade B. retail trade C. market research D. advertising E. the manufacturer Correct Answer: Option D - advertising

5 years ago

Which of the following is primarily responsible for protecting against poor quality goods?

A. Nigerian National Supply Company B. Manufacturers Association of Nigeria C. Industrial Arbitration Panel D. Standards Organization of Nigeria E.…

5 years ago

The management of evaluating the company’s performance to determine whether it is achieving its objective is?

A. controlling B. directing C. organizing D. planning E. consulting Correct Answer: Option A - controlling

5 years ago

Which of the following is not a true characteristic of a Chamber of Commerce?

A. It is not for profit-making B. It is open only to political party members C. It is democratically administered…

5 years ago

Which of the following functions is performed by the stock exchange markets?

A. Provision for bulk purchase B. Issuing of treasury bills C. Provision of the purchase and sale of existing securities…

5 years ago

Which of the following is a disadvantage of Hire Purchase to the consumer?

A. Its increases turnover B. Temptation to buy more than one can pay for C. It demands more capitals from…

5 years ago

The three main types of speculators found in the Stock Exchange market are?

A. stags, brokers, and bulls B. bulls, bears, and stag C. bears, jobbers and jobbers D. bulls, brokers and bears…

5 years ago