Bonded warehouses are controlled by
- A. Export Promotion Council
- B. Ports Authority
- C. Customs and Excise Authority
- D. Clearing and Forwarding agents
Which of the following implies that the price quoted includes the cost of insurance and carriage?
- A. F.O.B
- B. F.A.S
- C. C.O.D
- D. C.I.F
Which of the following implies that the price quoted includes the cost of insurance and carriage?
- A. F.O.B
- B. F.A.S
- C. C.O.D
- D. C.I.F
Which of the following is the most suitable channel of distribution for technical goods?
- A. manufacturer-retailer-consumer
- B. manufacturer-wholesaler-retailer-consumer
- C. manufacturer-wholesaler-consumer
- D. manufacturer-consumer
Which of the following is the most suitable channel of distribution for technical goods?
- A. manufacturer-retailer-consumer
- B. manufacturer-wholesaler-retailer-consumer
- C. manufacturer-wholesaler-consumer
- D. manufacturer-consumer
Which of the following can be sold through a vending machine?
- A. cigarettes
- B. shirts
- C. handbags
- D. shoes
Which of the following can be sold through a vending machine?
- A. cigarettes
- B. shirts
- C. handbags
- D. shoes
Business losses in nationalized industries are borne by the
- A. Shareholders
- B. Debenture holders
- C. Board of directors
- D. Public
Which of the following is not an economic grouping?
- A. ECOWAS
- B. GATT
- C. ECOMOG
- D. EEC
The task of grouping consumers according to their buying habits is known as market
- A. diversification
- B. development
- C. expansion
- D. segmentation
The task of grouping consumers according to their buying habits is known as market
- A. diversification
- B. development
- C. expansion
- D. segmentation
Direct selling by a producer to a consumer is possible when the
- A. goods have to be made on demand
- B. manufacturer has a good knowlegde of the market
- C. customer buys in small quantities
- D. goods are fashionable
Direct selling by a producer to a consumer is possible when the
- A. goods have to be made on demand
- B. manufacturer has a good knowlegde of the market
- C. customer buys in small quantities
- D. goods are fashionable
A manufacturer of machinery who wants to reduce cost of promotion can use
- A. samples
- B. public relations techniques
- C. showrooms
- D. catalogues
A manufacturer of machinery who wants to reduce cost of promotion can use
- A. samples
- B. public relations techniques
- C. showrooms
- D. catalogues
Which of the following is a disadvantage of canal transport? it is
- A. narrow and cannot support big vessels
- B. not suitable for small ferriers
- C. often for short journey
- D. suitable for carrying only goods
Which of the following is the fastest means of sending a document from one place to another?
- A. Facsimile
- B. Courier service
- C. Express mail
- D. Registered mail
One advantage of communication by telephone is
- A. the conversation can be very short
- B. it is less expensive
- C. feedback is instantenous
- D. the conversation is strictly private
One advantage of communication by telephone is
- A. the conversation can be very short
- B. it is less expensive
- C. feedback is instantenous
- D. the conversation is strictly private
Which of the following qualities of money is generally undermined by inflation?
- A. Stability
- B. Scarcity
- C. Durability
- D. Portability
Which of the following qualities of money is generally undermined by inflation?
- A. Stability
- B. Scarcity
- C. Durability
- D. Portability