Which ofthe following refers to the practice ofimporting forre-export?
- A. Counter trade
- B. Dumping
- C. Entrepot trade
- D. Forward trading
- E. Bilateral trade
Which ofthe following refers to the practice ofimporting forre-export?
- A. Counter trade
- B. Dumping
- C. Entrepot trade
- D. Forward trading
- E. Bilateral trade
Which of the following encourages free trade among member nations?
- A. lMF
- B. UNO
- C. WHO
- D. OAU
- E. EEC
Which of the following encourages free trade among member nations?
- A. lMF
- B. UNO
- C. WHO
- D. OAU
- E. EEC
ECOWAS headquarters is located in?
- A. Ghana
- B. Nigeria
- C. Senegal
- D. Sierra Leone
- E. Togo
ECOWAS headquarters is located in?
- A. Ghana
- B. Nigeria
- C. Senegal
- D. Sierra Leone
- E. Togo
The art of achieving stated objectives of a business organisation in a most efficient way through the use of human and material resources is?
- A. planning
- B. co-ordinating
- C. management
- D. motivation
- E. control
Any paid form of non-personal presentation of ideas, goods or services by an identified sponsor is known as?
- A. market research
- B. market orientation
- C. open market operation
- D. advertising
- E. sales promotion
The retail of goods through currency operated machines is known as?
- A. mail order business
- B. automatic vending
- C. party selling
- D. impulse buying
- E. merchandising
The retail of goods through currency operated machines is known as?
- A. mail order business
- B. automatic vending
- C. party selling
- D. impulse buying
- E. merchandising
An alternative term for ordinary shares is?
- A. unit trust
- B. gilt-edged securities
- C. equities
- D. bonus issues
- E. right issues
An alternative term for ordinary shares is?
- A. unit trust
- B. gilt-edged securities
- C. equities
- D. bonus issues
- E. right issues
Commerce is not concerned with?
- A. changing the place ofa product
- B. changing the form ofa product
- C. changing ownership of a product
- D. distribution of a product
- E. warehousing of a product
Commerce is not concerned with?
- A. changing the place ofa product
- B. changing the form ofa product
- C. changing ownership of a product
- D. distribution of a product
- E. warehousing of a product
The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies?
- A. organising
- B. planning
- C. communicating
- D. directing
- E. coordinating
Which of the following belongs to the capital market?
- A. Commercial bank
- B. Stock exchange
- C. Ministry of Finance
- D. Chamber of Commerce
- E. Discount House
Who among the following is not involved in foreign trade?
- A. Factor
- B. Dei Credere Agent
- C. Wholesale Merchant
- D. Jobber
- E. Forwarding Agent
Who among the following is not involved in foreign trade?
- A. Factor
- B. Dei Credere Agent
- C. Wholesale Merchant
- D. Jobber
- E. Forwarding Agent
The rebate given to the retailer by the wholesalerto enable him make profit is known as
- A. trade discount
- B. cash discount
- C. credit guarantee
- D. commission
- E. mark-up
The rebate given to the retailer by the wholesalerto enable him make profit is known as
- A. trade discount
- B. cash discount
- C. credit guarantee
- D. commission
- E. mark-up
Which of the following belongs to the capital market?
- A. Commercial bank
- B. Stock exchange
- C. Ministry of Finance
- D. Chamber of Commerce
- E. Discount House