The government regulates business activities through the following measures EXCEPT
- A. copy right
- B. patents
- C. registration
- D. trade marks
- E. inspection
Shares issued to existing shareholders, without paying for them are referred to as ……. issue.
- A. allowance
- B. bonus
- C. extra
- D. right
- E. special
Which of the following forms of business unit requires a certificate of trading before commencing business?
- A. Partnership
- B. Public liability company
- C. Private liability company
- D. Public corporation
- E. Sole proprietorship
Advertising could be used to achieve all the following EXCEPT
- A. building primary demand
- B. creating brand loyalty
- C. creating employee loyalty
- D. enhancing turn-over
- E. increasing market share
Advertising could be used to achieve all the following EXCEPT
- A. building primary demand
- B. creating brand loyalty
- C. creating employee loyalty
- D. enhancing turn-over
- E. increasing market share
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
- A. copyright
- B. fundamental right
- C. patent
- D. right to machine
- E. trade mark
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
- A. copyright
- B. fundamental right
- C. patent
- D. right to machine
- E. trade mark
A large rental organization with a number of sections selling different goods in the same building is called a ….
- A. chain store
- B. departmental store
- C. multiple shop
- D. self service shop
- E. Supermarket
A large rental organization with a number of sections selling different goods in the same building is called a ….
- A. chain store
- B. departmental store
- C. multiple shop
- D. self service shop
- E. Supermarket
When a business organization constructs schools and roads for the use of a community. such responsibility is
- A. commercial
- B. economical
- C. industrial
- D. political
- E. social
One of the barriers to foreign trade is the presence of
- A. difference in goods and services
- B. different means of transportation
- C. many society personnel
- D. tariffs on goods and services
- E. various means of production
Which of the following invites the general public to subscribe for its shares?
- A. Co-operative
- B. Private liability company
- C. Public corporation
- D. Public liability company
- E. Sole proprietorship
Which of the following invites the general public to subscribe for its shares?
- A. Co-operative
- B. Private liability company
- C. Public corporation
- D. Public liability company
- E. Sole proprietorship
Which of the following does NOT relate to marine insurance?… policy
- A. Endowment
- B. Floating
- C. Time
- D. Valued
- E. Voyage
Which of the following does NOT relate to marine insurance?… policy
- A. Endowment
- B. Floating
- C. Time
- D. Valued
- E. Voyage
……is a letter sent to the suppliers requesting details of goods offered for sale
- A. An Invoice
- B. Letter of enquiry
- C. Purchase order
- D. Requisition
- E. Quotation
……is a letter sent to the suppliers requesting details of goods offered for sale
- A. An Invoice
- B. Letter of enquiry
- C. Purchase order
- D. Requisition
- E. Quotation
The reward for Labour as a factor of production is
- A. interest
- B. premium
- C. profit
- D. rent
- E. wage
The reward for Labour as a factor of production is
- A. interest
- B. premium
- C. profit
- D. rent
- E. wage
The factor of production that combines others factors and bears the risks in production process is
- A. capital
- B. entrepreneur
- C. land
- D. labour
- E. wages
Who among the following is the last link in the chain of distribution?
- A. Consignor
- B. Consumer
- C. Producer
- D. Retailer
- E. Wholesaler