Question 1 of 20 2,221 total questions
Which of the following is not a marketing function?
A Packaging
B Branding
C Advertising
D Accounting
E Pricing
Which of the following is responsible for the welfare of staff in an organisation?
A Accounts Department
B Accounts Department
C Personnel Department
D Sales Department
E Public Relations
Which of the following is not a function of management?
A Staffing
B Planning
C Organizing
D Directing
E Distributing
Which of the following gives a temporary protection to the insured while the policy is being drawn up?
A Proposal form
B Cover note
C Endorsement
D Ex qratia payment
E Certificate
A stock exchange is a market for?
A old stocks of goods'
B capital goods only
C raising new shares
D existing shares of quoted companies
E shares of unquoted companies
Which of the following carries the bulk of goods involved in foreign trade?
A Cargo planes
B Cargo liners
C Tramp vessels
D Steam ship
E Tankers
Which of the following is an example of a commercial occupation?
A Wrestling
B Welding
C Shipping
D Brick laying
E Tailoring
An establishment that specializes in taking care of risks is called?
A a hire-purchase company
B an accepting house
C an insurance company
D a finance company
E a confirming house
An association of firms, producing similar commodities, formed in order to keep up prices by restricting output is called?
A a chamber of commerce
B a customs union
C an amalgamation
D a cartel
E a combination
The most acceptance and convenient means of payment in foreign trade is?
A letter of credit
B bank-draft
C telegraphic money order
D promissory note
E bill of exchange
A cheque does not contain?
A cheque number
B cashier's signature
C payee's name
D drawer's name
E date of issue
Which of the following relies on the government for its initial capital?
A Co-operative Society
B Private Limited Company
C Public Corporation
D Public Limited Company
E Credit and Thrift Society
Which of the following is not used by the Central Bank to restrict lending by commercial banks?
A Management of national debt
B Reserve Requirement
C Open Market Operations
D Special Deposit
E Cash ratio
An agreement between two parties which can be enforced is called?
A an agency
B a contract
C a consideration
D an offer
E a warranty
A business that has no upper limit to the number of owners is?
A partnership
B private company
C public corporation
D finance company
E public limited company
Capital owned is the same as?
A authorised capital
B issued capital
C net worth of a business
D fixed assets of a business
E public limited company
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
A consortium
B holding company
C cartel
D trust
E subsidiary company
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
A consortium
B holding company
C cartel
D trust
E subsidiary company
The organization that aims at protecting the business interest of a particular area is the?
A Trade Asociation
B Manufacturing Association of Nigeria
C Chamber of Commerce
D Confederation of industrialists
E Trade Union
Air transport is considerable importance today because it?
A is faster than other means of transport
B can deliver goods to owner's destination
C is relatively cheaper
D can carry bulky goods
E travels on schedule
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