Question 1 of 20
4,313 total questions
The type of communication from a superior to a subordinate in an organization is referred as?
A horizontal communication
B lateral communication
C downward communication
D upward communication
The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples, personal selling involves?
A distributing instructional posters
B face-to-face communication with customers
C premium programming for customers
D publishing promotional booklets
Commercialization of government corporations brings about an increase in the level of?
A money supply in the economy
B distrust among business operators
C competition among business operators
D social responsibility
The computer that functions by taking discrete numbers and performing mathematical calculations is called?
A mainframe
B digital
C hybride
D analogue
The compensation the insured gets depends heavily on the?
A economic situation
B premium paid
C risk suffered
D insurer's bouyancy
The primary objective of consumer protection laws is to ensure that?
A consumers derive maximum satisfaction from goods and services
B consumers buy goods and services at cheap rates
C manufacturers of goods and services provides overcome internal competition
D manufacturers of goods and services provides gets optimum profit
The most dangerous pollution is?
A water
B noise pollution
C soil pollution
D air pollution
The most important right of the employee in discharging his duties to the employer is the right to?
A regular emolument
B job security
C working facilities
D annual leave
A major disadvantage of the privatization policy is that?
A the economy would be private-sector-led
B citizens would benefit less from government
C more money would be bought into circulation
D government would loss control of the economy
The Lake Chad Basin Commission was formed in?
Which part of the computer system does the keyboard device belong to?
A Output unit
B Logic unit
C Input unit
D Control unit
The most important benefit of insurance is that it provides?
A control over activities
B the insured with a right to premium
C the insured with a right to full compensation
D protection against risks
A floating policy is an example of?
A marine insurance
B actuaries insurance
C motor insurance
D fire insurance
The organisation of petroleum exporting countries (OPEC) is an example of a/n......
A amalgamation
B cartel
C consortium
D holding company
E merger
The major divisions of commerce are
A buying and selling
B export and import
C foreign and home
D trade and aids to trade
E wholesale and retail
Which of the following is NOT part of the documents to be submitted for the registration of companies?
A A statement of nominal capital
B A statutory declaration signed by a solicitor
C Articles of Association
D Memorandum of Association
E The balance sheet of the company
The services offered by the following people .could be grouped under direct services. EXCEPT
A doctors
B entertainers
C lawyers
D policemen
E teachers
A voluntary body formed by members of a particular branch of trade or industry to represent interest of members is known as
A chambers of commerce
B cooperative society
C trade association
D trade commissions
E trade union
In a private limited liability company shares can be transferred
A at the end of a financial year
B by applying to the registrar of companies
C without consulting other shareholders
D with the consent to other shareholders
E with the consent of the managing director
The full amount of capital which a company is authorized to raise is stated in the
A articles of association
B certificate of incorporation
C certificate of trading
D memorandum of association
E share certificate
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