The concept that consumers decided what goods and services shall be known as consumer?
- A. protection
- B. surplus
- C. sovernignty
- D. behaviour
- E. co-operative
Which of the following is not an elements of the marketing mix?
- A. Product
- B. Pricing
- C. Promotion
- D. Purchases
- E. Place
The performance of business activities that directs the flow of goods and services from the producer to the consumer is?
- A. marketing
- B. merchandising
- C. transportation
- D. production
- E. marketing mix
The performance of business activities that directs the flow of goods and services from the producer to the consumer is?
- A. marketing
- B. merchandising
- C. transportation
- D. production
- E. marketing mix
Which of the following is a form of sales promotion?
- A. Advertising through radio
- B. Advertising by television
- C. Distributing printed sales literature
- D. Offering free samples to customers
- E. Advertising by posters
The insured is prevented from making profit from claims under more than one policy for the same risk by the principle of?
- A. Contribution
- B. Surbrogation
- C. Utmost good faith
- D. Proximate cause
- E. Insurable interest
Which of the following assigns a name to a product?
- A. Copyright
- B. Packaging
- C. Labelling
- D. Patent
- E. Branding
Which of the following assigns a name to a product?
- A. Copyright
- B. Packaging
- C. Labelling
- D. Patent
- E. Branding
Which of the following is used to stimulate sales?
- A. Finance
- B. Insurance
- C. Wharehousing
- D. Advertising
- E. Banking
Which of the following is used to stimulate sales?
- A. Finance
- B. Insurance
- C. Warehousing
- D. Advertising
- E. Banking
Which of the following is used to stimulate sales?
- A. Finance
- B. Insurance
- C. Warehousing
- D. Advertising
- E. Banking
The cost of advertising a product is ultimately borne by the?
- A. manufacturer
- B. wholesaler
- C. agent
- D. consumer
- E. retailer
A service whereby NIPOST undertakes to collect money due to the sender of a parcel is called?
- A. C.O.D
- B. C.W.O
- C. C.I.F
- D. F.O.B
- E. F.O.R
A post office service which provides an alternative to delivery of mails by a postman is the?
- A. Post Office Box
- B. Postcode
- C. Business Reply Service
- D. Post Office guide
- E. Prepaid Post
A post office service which provides an alternative to delivery of mails by a postman is the?
- A. Post Office Box
- B. Postcode
- C. Business Reply Service
- D. Post Office guide
- E. Prepaid Post
The handling of telephone and telex services is done by?
- A. NITEL
- B. NIPOST
- C. COURIER
- D. NEC
- E. NECA
The handling of telephone and telex services is done by?
- A. NITEL
- B. NIPOST
- C. COURIER
- D. NEC
- E. NECA
The process of selling government business to the public is known as?
- A. naturalization
- B. nationalization
- C. privatization
- D. commercialization
- E. indigenization
One of the main problems of nationalization is that?
- A. nationals ,may not welcome the change of ownership
- B. foreigners are not able to control the economy
- C. repatriation of profit is increased
- D. there may be capital flight
- E. there will be adverse balance of payment
When an industry is nationalized, ownership belongs to the?
- A. shareholders
- B. government
- C. tax payers
- D. indigenes
- E. foreigners
Which of the following statements is not true?
- A. Government does not nationalize businesses owned by its citizens
- B. Government nationalizes foreign business
- C. Government does not give nationalized industries to private owners
- D. Government nationalizes viable business
- E. Public corporation are owned by the government