Question 1 of 20 2,221 total questions
Marketing activities starts at the?
A ideal stage
B production stage
C commercialization stage
D business analysis stage
E point of sale stage
Whihc of the following is not a component of a company's marketing mix?
A Product plan
B Distribution plan
C Policy plan
D Promotion plan
E Princing plan
Which of the following is not a member country of the Lake Chad Basin Commission?
A Chad
B Togo
C Cameroun
D Niger
E Nigeria
The sole aim of of the formation of Niger Basin Commission is to?
A bring about trade liberalization in the region
B ensure free movement of citizens in the region
C allow free flow of information, goods and services within the region
D jointly use the Niger for the over all benefit of the region
E remove import duties or taxes on gods circulated within the region
One of the objectives of the indigenization programmes of the Federal Government of Nigeria is to?
A encouraging the use of local raw materials
B maximizing local retention of profits
C make Nigeria businessmen very rich
D expel the foreigners from Nigeria
E promote foreign trade
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
A coordinating
B organizing
C planning
D controlling
E motivating
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
A coordinating
B organizing
C planning
D controlling
E motivating
Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The
A Nigeria Bar Association
B Nigeria employers' Consultative Association
C Nigera Medical Association
D Manufacturers Association of Nigeria
E Nigeria Union of Road Transport Workers
Which of the following is responsible for advertising vacant positions existing in companies?
A Sales Department
B Public Relation Department
C Personal Department
D Marketing Department
E Financial Department
The policy which safeguards the employer from loss sustained as a result of fraudulent acts of his workers is the?
A employer liability insurance
B loss policy
C utmost good faith policy
D group insurance
E fidelity guarantee policy
Which of the following is a non-insurable risk?
A Loss from fire accident
B Loos from accident and sickness
C Fidelity guarantee
D Burglary
E Loss from staking in lotteries
Commercial banks deposits with the Central Bank help to?
A increase loan prospects
B control the supply of money credits
C check bank frauds
D increase bank customers
E encourage rural banking services
An order stating the goods required but not the manufacturer from whom the foreign buyer intends to buy his goods is called?
A Indent
B Open indent
C Closed indent
D Export order
E Import order
A cheque dated 5/8/91 was dishonoured because it was a?
A Certified cheque
B Marked cheque
C Specially crossed cheque
D Post-dated cheque
E Stale cheque
A deduction made by a wholesaler from the catalogue price and which represents a retailer's profit margin is called?
A Cash discount
B Deferred discount
C Trade discount
D Quantity discount
E Cash on delivery
A cheque that is drawn in the name of a bank instead of the account holder's name is called?
A Bank statement
B Bill of exchange
C Specially crossed cheque
D Certified cheque
E Bank draft
A modern method of retailing whereby customers can make their purchases without the help of an assistance or cashier is called?
A Impulse buying
B One-step-shopping
C Self service
D Automatic vending
E Auction sales
Which of the following organizations aim primarily at protecting the consumer?
A Standards Organization of Nigeria
B Chambers of Commerce
C State Security Service
D Nigeria Red Cross Society
E Manufacturers Association of Nigeria
The system of collecting information with a view to determining the extent of demand for a product is known as?
A advertising
B marketing research
C marketing
D marketing segementation
E communication
Which of the following ancillary service helps to maintain close contact between buyers and sellers?
A Tansport
B Insurance
C Banking
D Communication
E Advertising
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