Question 1 of 20 50 total questions
The founders ‘share are usually referred to as deferred shares because the holders?
A are entitled to cumulative dividends
B receive theirdividends after other shareholders
C receive their diviends before shareholders
D are not entitled to any dividends
An advantage of hire purchase to the consumer is the?
A economies of scale in production
B possession of goods before payment
C increase in turnover and profit
D low interest rate chargeable
which of the following is an determines the quality of goods and that a retailer sells?
A the mode of contract of sales
B the type of manufacturer
C the regulations regarding sales in the area
D the location of his shop
Which of the following is an example of trade associations?
A European Union
B National Marketing Board
C Organization of African Unity
D National Farmers' Council
A group of companies is a collection of?
A subsidiaries and their holding company
B firms
C associates and their holding company
D industries
An important issue for consideration in the product element of the marketing mix is the?
A adequate of the peroduct
B channel of diistribution of the product
C price of the product
D planing and development of the product
The letters E and OE stand for?
A errors of exception
B errors and omissions expected
C estimate and order error
D end of error
The principal objectives of the Central Bank of Nigeria can be classified broadly into?
A bankers' bank lender of last resort and issuance of currency
B service, currency management and financial intermediation
C banking services, foreign exchange operations and open markets operations
D service, monetary policy and developmental functions
In product pricing, which of this element needs more consideration than others?
A the demand for the product
B the demography of the buyers of the product
C the economic conditions in the markkets
D the cost of producing the product
Securities on which the buyers are not issued with certificate are called?
A authorized securities
B inscribed securities
C bearer securities
D registered securities
One of the most important function of marketing is?
A encouraging research activitiesto meets needs
B creating classesof merchant among businessmen
C the extension of market for businessmen
D providing finances to business
Which of the following industries is normally located near the source of its raw materials?
A Footware industry
B Cement industry
C Textile industry
D Automobile assembly
Which of the following is a function of employers’ associate?
A undertaking research on behalf of employees
B promotion of thrift in workers
C promotion of workers'welfare
D Dissemination of information through sponsored journals
Which of the following involves foreign trade ?
A supermarket
B Chain stores
C Departmental stores
D commodity markets
Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as ?
A bulls
B jobbers
C brokers
D stags
The process of mobilizing, engaging and maintaining workers to work for an organization is referred to as?
A staffing
B selection
C recruitment
D employment
the total of share capital which a company should be allowed to issued is known as?
A called-up capital
B paid-up capital
C nominal capital
D issued capital
A contract for the sale of goods involved the?
A producer, seller and the buyer of goods
B offering of goods to customers
C transfering of the title to goods for money
D exchange of goods
A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?
A public liability company
B joint venture company
C limited company
D registered company
An important principle of a good organization structure is
A ideal standard
B span control
C clarity of mission
D adequacy resources
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