Question 1 of 20 1,707 total questions
Sources of finance to a business include personal savings, share, debentures and?
A loans from IMF
B bank overdraft
C central bank loans
D money from political parties
A common element in all contracts is?
A offer
B consideration
C acceptance
D agreement
One of the advantages of commercialization is that it?
A encourages entrepreneuership
B increases the salaries of workers
C motivates governement to establish more business
D gives wortkers on-the-job training
Poor sewage disposal, oil spill and indiscriminate refuse dumping all lead to?
A land pollution
B water pollution
C land and water pollution
D air and water pollution
A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?
A conduct
B necessity
C ratification
D estoppel
In Nigeria, the body ensures that its members operate according to their professional ethics is the?
One important requirement for the membership of the ECOWAS is?
A intergrity
B independence
C landmass
D population
Consumer rights include the right to?
A credit
B free samples of a product
C redress
D a shre of profits
Business environment refers to all elements that are?
A outside an organization but relevant to its operations
B inside an organization but irrelevant to its operations
C internal to an organization and relevant to its operations
D external to an organization but indirectly related to its operations
The members of the Niger Basin Commission include?
A Guinea, Ghana and Niger Republic
B Burkina Faso, Guinea and Nigeria
C The Gambia, Benin Republic and Chad
D Nigeria, Benin Republic and Chad Republic
E Nigeria, the Gambia and Cameroun
The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the?
A National Council on Privatization
B Securities and Exchange Commission
C Nigeria Investment Promotion Commission
D Bureau of Public ENterprises
What is the most important use of promotion in marketing?
A Persuasion
B Conviction
C Information
D Education
In business, the computer is very important especially in?
A financial amnagement
B marketing management
C educational management
D information management
Communication enhances business activities by?
A facilitating interaction between producers and consumers
B facilitating interaction among media houses
C ensuring the movement of goods from the producer to the consumer
D keeping the goods safe untill they are needed
An insured risk which occurs accidentally as a result of deflects in a ship is?
A a voyage policy
B a total loss
C an emergency
D a particular average
Coverage against unexpected events is called?
A insurance
B assurance
C warranty
D reinsurance
When an organization studies a market that is undeserved by others and creates a product or service for the segment, it is engaged in?
A market inegration
B market positioning
C market orchestration
D product differentiation
The program that makes up the operating system in a computer is?
A microprogram
B system flowchart
C system software
D syntax
Non-insurable risk include?
A gambling
B damage to property
C death
D marine problems
Ships that sail across the ocean and operate on scheduled time tables are?
A ferries
B ocean liners
C tramp steamers
D coastal liners
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