In e-banking, ATM means
- A. Authentic Teller Manchine
- B. Autmatic Teller Machine
- C. All-purpose Teller Machine
- D. Automated Teller Machine
One way by which a business can discharge its social responsibility to its community is to?
- A. hold monthly meetings of its customers
- B. building houses for its executives
- C. award scholarship to staff children
- D. build public health centres
A device that enables the downloading of information from the internet is the?
- A. floppy drive
- B. compact disk
- C. modem
- D. bluetooth
The major problem confronting Cyber Cafe operators is?
- A. advance fee fraud by clientele
- B. poor network coverage
- C. high operating costs
- D. copyright voilations by clients
The central working system of a computer used for data processing is the?
- A. memory unit
- B. monitor
- C. floppy disk drive
- D. hard drive
A printed copy of processed information from the computer is the?
- A. soft copy
- B. file copy
- C. scanned copy
- D. hard copy
Which of the following is a function of consumerism?
- A. Protecting consumers' rights
- B. providing consumers' choice
- C. providing consumers' needs
- D. Making profiteering impossible
The difference between trademark and patent right is that the latter?
- A. gives exclusive right to import a particular good
- B. is conferred by the government
- C. confers monopoly on a product
- D. confers exclusive right to publish literary works
An agency contract must involve?
- A. a principal and a consumer
- B. a principal and a producer
- C. a principal and a third party
- D. a principal and an agent
An opportunity to reject a binding contract at will by a third party is said to be a?
- A. valid contract
- B. quasi contract
- C. voidable contract
- D. conditional contract
The deliberate and sustained efforts of an organization towards the creation of goodwill for its products and services is through?
- A. public relations
- B. advertising
- C. sales promotion
- D. rebranding
The label on a product such as ‘pampers’ is a type of?
- A. trademark
- B. branding
- C. packaging
- D. patent right
The best pricing strategy for a company that produces warm clothing is?
- A. target return pricing
- B. bid pricing
- C. variable pricing
- D. product line pricing
The main concern of marketing concept is to?
- A. reduce the number of retail outlets
- B. identify consumer needs and satisfy them
- C. increase sales to meet consumers needs
- D. encourage division of labour
The conversion of raw materials into finished goods leads to the creation of?
- A. form utility
- B. product utility
- C. possession utility
- D. place utility
Which of the following is a matter of personal preference on the part of a superior officer?
- A. Unity of command
- B. Span of control
- C. Delegation of anthority
- D. Unity of direction
The three components of staffing are?
- A. recruitment, interview and appointment
- B. recruitment, test and placement
- C. recruitment, selection and appointment
- D. recruitment, selection and placement
A prerequisite for admission into the Second Tier Securities Market is for a company to?
- A. make 20% of its equity share available to the public for subscription
- B. have a minimum of 100 shareholders
- C. have a maximum of 100 shareholders
- D. make 10% of its equity share available to the public for subscription
The instrument used in the capital market is?
- A. treasury bills
- B. bill of exchange
- C. stock
- D. debenture
A characteristics of money which ensures that its value is not lost is?
- A. homogeneity
- B. easy portability
- C. divisibility
- D. relative scarcity
One of the functions of NACCIMA is?
- A. negotiating with labour unions in matters of wages and conditions of service
- B. pooling of members' resources for long-term investment
- C. disseminating information to members on matters relating to tariffs
- D. ensuring uniformity in labour matters and industrial relations