Question 1 of 20 2,221 total questions
The ship owner's receipt for the goods accepted for carriage in a ship is called?
A ship manifest
B charter party
C mate's receipt
D bill of exchange
E bill of lading
If a seller discovers that he had under charged a buyer, which of the following documents will use to correct the error?
A A promissory note
B A credit book
C An advice note
D A debit note
E A statement of account
Which of the following deals with the problems involved in selling of a particular product?
A Market research
B Market segmentation
C Market sharing
D Marketing research
E Merchandising
When more shares are applied for than are offered for sale the offer is said to be over?
A issued
B floated
C subscribed
D valued
E traded
In winding-up a company, the assets of the company are vested in the hands of the?
A receiver
B liquidator
C registrar of companies
D directors of companies
E the government
The advantage road transport has over other means of transport is that?
A intermediate terminal handling is eliminated by door-to-door delivery
B specialised vehicles can be used to carry certain goods
C packaging is very easy as experts handle it
D canteen services are provided
E weather conditions do not affect it
Turnover may be increased by?
A increasing prices and product differentiation
B advertising and cutting prices
C refusing credits and customer services
D increasing the mark-up
E stocking very expensive goods
In which of the following classes of occupation would you place a commerce teacher?
A Commercial
B Extractive
C Direct service
D Manufacturing
E Construction
Which of the following is concerned with obtaining raw materials from their natural locations?
A Extractive industry
B Manufacturing industry
C Construction industry
D Transport industry
E Engineering industry
Commerce developed as a result of?
A speculation
B competition
C specialization
D importation
E exportation
The sole purpose of production is?
A employment
B promotion
C consumption
D competition
E enterprising
The major divisions of commerce are?
A import, export and banking
B home trade and foreign trade
C trade and aids to trade
D exchange, consumption and production
E trade and banking
The tendency for firms and individuals to concentrate on the activity which is of most advantage of them is known as?
A decentralization
B diversification
C commercialization
D specialization
E rationalization
Which of the following is a commercial service?
A Transporting
B Garri processing
C Oil drilling
D Lumbering
E Tailoring
Demurrage is a charge for?
A utlized lay days
B unsed lay days
C exceeding lay days
D damaged cargo
E jettisoned cargo
The Nigeria Television Authority is an example of a?
A private limited liability company
B public limited liability company
C multinational corporation
D co-operative society
E public corporation
Retail outlets which sell from specialized vans are?
A Super markets
B multiple shops
C mail order firms
D department stores
E mobile shops
Which of the following is not an element of the marketing mix?
A Product
B Pricing
C Promotion
D Merchandising
E Distribution
A trade document signed by a representative of the country to which goods are being sent is called?
A export invoice
B consignment note
C certificate of origin
D pro-forma invoice
E consular invoice
The selection and promotion of staff in an organization is the function of the?
A marketing department
B finance department
C personnel department
D production department
E public relations department
Next
Question Navigator
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
