43
On liquidation of a public limited liability company, the residual owners are the
- A. creditors
- B. ordinary shareholders
- C. preference shareholders
- D. debenture holders
44
Government policies relating to the establishment and operation of business are targeted at
- A. increasing the profit of business owners
- B. the general improvement of the economy
- C. even spread of facilities and employment
- D. diversification and expansion of business
45
The measure of independence available to the individual business unit that come together is the main different between
- A. veritcal and horizontal integration
- B. mergers and acquisition
- C. consortium and almalgamation
- D. trust and cartel
46
Which of these is both merit and demerit in partnership?
- A. The number of partners
- B. It unlimited nature
- C. The bearing of risk
- D. The withdrawal of a major partner
47
The term Plc implies that the are available
- A. to the public at the company
- B. privately on the stock exchange
- C. publicly on the stock exchange
- D. publicly in commericial banks
48
The application of division of labour should generally bring about
- A. increase in the quantity of goods and service
- B. increase in the variety of goods and services
- C. cheapness of goods and services
- D. cost efficiency in the production of goods and services
49
Product involves
- A. making goods avaiable where and when needed
- B. changing the form of goods, moving and making them avaiable as needed
- C. the manufacturing of goods and provision of services
- D. the assembling of all necessary parts to produce a finished product
50
The major factors that facilitate merchandising are
- A. commuincation , advertising and banking
- B. trading, warehousing and production
- C. management, insurance, and advertising
- D. banking, insurance and transportation