Question 1 of 20 383 total questions
A discount that is given to middlemen in order to make good profit is called .......... discount.
A cash
B fixed
C quant
D seasonal
E trade
All the following are members of small-scale retailing EXCEPT
A chain stores
B itinerant trade
C kiosks
D mobile shops
E stall holders
The second tier security market is an example of
A capital market
B commodity market
C factor market
D labour market
E money market
Shareholder receive......
A interest
B dividends
C commission
D allowances
E none of the above
The 4C’s of credit are
A consumer, collateral, company and cost
B collateral, capital, company and cost
C collate capital, character and capacity
D character, cost, capital and capacity
E capital, capacity, consumer and character
The changing of the original form of an object to a form that can give satisfaction to a want is known as
A commerce
B construction
C consumption
D occupation
E production
The word “close-up” as used in toothpaste is a
A brand name
B Company’s name
C Company’s logo
D Patent right
E Symbol
The branches of Commerce include all the following EXCEPT
A advertising
B barbing
C trade
D transport
E warehousing
The government regulates business activities through the following measures EXCEPT
A copy right
B patents
C registration
D trade marks
E inspection
Shares issued to existing shareholders, without paying for them are referred to as ....... issue.
A allowance
B bonus
C extra
D right
E special
Which of the following forms of business unit requires a certificate of trading before commencing business?
A Partnership
B Public liability company
C Private liability company
D Public corporation
E Sole proprietorship
Advertising could be used to achieve all the following EXCEPT
A building primary demand
B creating brand loyalty
C creating employee loyalty
D enhancing turn-over
E increasing market share
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
A copyright
B fundamental right
C patent
D right to machine
E trade mark
A large rental organization with a number of sections selling different goods in the same building is called a ....
A chain store
B departmental store
C multiple shop
D self service shop
E Supermarket
When a business organization constructs schools and roads for the use of a community. such responsibility is
A commercial
B economical
C industrial
D political
E social
One of the barriers to foreign trade is the presence of
A difference in goods and services
B different means of transportation
C many society personnel
D tariffs on goods and services
E various means of production
Which of the following invites the general public to subscribe for its shares?
A Co-operative
B Private liability company
C Public corporation
D Public liability company
E Sole proprietorship
Which of the following does NOT relate to marine insurance?... policy
A Endowment
B Floating
C Time
D Valued
E Voyage
......is a letter sent to the suppliers requesting details of goods offered for sale
A An Invoice
B Letter of enquiry
C Purchase order
D Requisition
E Quotation
The reward for Labour as a factor of production is
A interest
B premium
C profit
D rent
E wage
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