Question 1 of 20 2,221 total questions
Which of the following assigns a name to a product?
A Copyright
B Packaging
C Labelling
D Patent
E Branding
Which of the following is used to stimulate sales?
A Finance
B Insurance
C Wharehousing
D Advertising
E Banking
Which of the following is used to stimulate sales?
A Finance
B Insurance
C Warehousing
D Advertising
E Banking
The cost of advertising a product is ultimately borne by the?
A manufacturer
B wholesaler
C agent
D consumer
E retailer
A service whereby NIPOST undertakes to collect money due to the sender of a parcel is called?
A C.O.D
B C.W.O
C C.I.F
D F.O.B
E F.O.R
A post office service which provides an alternative to delivery of mails by a postman is the?
A Post Office Box
B Postcode
C Business Reply Service
D Post Office guide
E Prepaid Post
The handling of telephone and telex services is done by?
A NITEL
B NIPOST
C COURIER
D NEC
E NECA
The process of selling government business to the public is known as?
A naturalization
B nationalization
C privatization
D commercialization
E indigenization
One of the main problems of nationalization is that?
A nationals ,may not welcome the change of ownership
B foreigners are not able to control the economy
C repatriation of profit is increased
D there may be capital flight
E there will be adverse balance of payment
When an industry is nationalized, ownership belongs to the?
A shareholders
B government
C tax payers
D indigenes
E foreigners
Which of the following statements is not true?
A Government does not nationalize businesses owned by its citizens
B Government nationalizes foreign business
C Government does not give nationalized industries to private owners
D Government nationalizes viable business
E Public corporation are owned by the government
The rights, responsibilities and liabilities of each partner are specified in the?
A memorandum of association
B prospectus
C articles of association
D deed of partnership
E deed of conveyance
In a limited partnership, the liability of most of the partners is?
A pegged
B unlimited
C limited
D unpredictable
E restricted
Which of the following is not an important reason for government ownership of industries?
A Provision of essential services
B Large capital requirements
C Avoiding duplication of services
D Preventing private monopoly
E Making high profit
Which of the following is not a source of capital to a sole proprietor?
A Loan from firends
B Personal savings
C Ploughing back profit
D Borrow from relations
E Borrowing through debentures
The reward of shareholding in a company is?
A profit
B dividend
C interest
D bonus
E premium
Founders shares are usually referred to as deferred shares because the holders?
A are not entitled to any dividend
B receives their dividends before other share holders
C are the managers of the company
D receive dividends after other shareholders
E are entitled to accumulative dividends
A business unit whose membership ranges from 2-50 is a?
A public corporation
B partnership
C public company
D private company
E co-operative society
Incorporation simply means the?
A floating of a company
B reorganization of a company
C birth of a company
D registration of the Memorandum of Association
E appointment of a new Board of Directors
Any action taken by a company outside its stated objective is regarded as?
A caveat vendetta
B Trepass
C ultra vires
D uberrimae fidei
E a nuisance
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