Which of the following products is likely to have a low rate of turnover?`
- A. Foodstuff
- B. ball-pen
- C. Soap and Detergent
- D. Furniture
- E. Newspaper
Which of the following products is likely to have a low rate of turnover?`
- A. Foodstuff
- B. ball-pen
- C. Soap and Detergent
- D. Furniture
- E. Newspaper
Which of the following functions is not performed by as small retailer?
- A. Selling in units to consumers
- B. Financing producers
- C. Buying from wholesaler
- D. Selling goods on credits
- E. Stocking a variety of goods
Which of the following functions is not performed by as small retailer?
- A. Selling in units to consumers
- B. Financing producers
- C. Buying from wholesaler
- D. Selling goods on credits
- E. Stocking a variety of goods
Which of the following functions is not performed by as small retailer?
- A. Selling in units to consumers
- B. Financing producers
- C. Buying from wholesaler
- D. Selling goods on credits
- E. Stocking a variety of goods
Which of the following functions is not performed by as small retailer?
- A. Selling in units to consumers
- B. Financing producers
- C. Buying from wholesaler
- D. Selling goods on credits
- E. Stocking a variety of goods
Manufacturing ends when goods?
- A. are advertised to the customers
- B. and services are used by the producers
- C. are packed and labelled
- D. are sold in the markets
- E. reach the final user
The minimum number of membership for a public limited company is?
- A. two
- B. seven
- C. seventeen
- D. twenty
- E. fifty
Nearness to a city centre and a busy street is a necessary condition for sitting?
- A. a market place
- B. a sales office
- C. an accounts office
- D. an advertising office
- E. A wholesale warehouse
Nearness to a city centre and a busy street is a necessary condition for sitting?
- A. a market place
- B. a sales office
- C. an accounts office
- D. an advertising office
- E. A wholesale warehouse
Which of the following is common to both large and small firms?
- A. Lower running cost
- B. Personal attention to customers
- C. Large capital
- D. Profit making
- E. Opening On public holidays
Which of the following is common to both large and small firms?
- A. Lower running cost
- B. Personal attention to customers
- C. Large capital
- D. Profit making
- E. Opening On public holidays
Which of the following cannot be used as a means of transport between Kano and Lagos?
- A. Airplane
- B. Ship
- C. Train
- D. Bus
- E. Car
A del credere agents is distinguished from other agent in that he?
- A. is a partner in a trading fim
- B. works for his principal on commission basis
- C. is a middle man in a transaction involving two or more people
- D. usually guarantees payments in any transcaction
- E. is a dealer on the stock exchange
A speculator who buys shares and stocks in anticipating of a rise in their price at the stock Exchange is a?
- A. bull
- B. bear
- C. broker
- D. jobber
- E. stag
Ware house are located in Lagos because of?
- A. availability of wholesale
- B. even development
- C. nearness to sea and airports
- D. the need to check smuggling
- E. the need to create additional cost of production
Ware house are located in Lagos because of?
- A. availability of wholesale
- B. even development
- C. nearness to sea and airports
- D. the need to check smuggling
- E. the need to create additional cost of production
The main similarity between commercial banks and other financial institution is?
- A. the acceptance of customers' deposit and making on their behalf
- B. financing of balance of payment deficits
- C. creating and destroying money
- D. giving credits to individuals or organizations
- E. giving night safe facilities
Which of the following is not a reason for forming a customer association?
- A. Protection against poor quality goods
- B. Protection against unscrupulous salesmen
- C. Improving the quality of goods to consumers
- D. Improving the quality of services to shoppers
- E. Making profit for consumers
Which of the following is not a reason for forming a customer association?
- A. Protection against poor quality goods
- B. Protection against unscrupulous salesmen
- C. Improving the quality of goods to consumers
- D. Improving the quality of services to shoppers
- E. Making profit for consumers
UTC, kingsway Stores and Leventis Stores are typical examples of?
- A. Telephone
- B. Recorded delivery
- C. Telex
- D. Express mail
- E. Bill of lading