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
A wholesaler who possesses the title of goods he sells is known as?
- A. a merchant wholesaler
- B. a multiple wholesaler
- C. a general wholesaler
- D. an agent wholesaler