An advantage of a public limited company over a private one is the
- A. limited liability of share holders
- B. easy transferability of shares
- C. access to retained earnings
- D. less taxation by government
Production is defined as
- A. an industrial undertaking
- B. creation of utility
- C. earning one's daily bread
- D. the changing of raw materials
Production is defined as
- A. an industrial undertaking
- B. creation of utility
- C. earning one's daily bread
- D. the changing of raw materials
Which of the following coordinates other factors of production to achieve set objectives?
- A. Land
- B. Labour
- C. Enterpreneur
- D. Capital
Which of the following coordinates other factors of production to achieve set objectives?
- A. Land
- B. Labour
- C. Enterpreneur
- D. Capital
Farming is an activity that falls under?
- A. tertiary occupation
- B. commercial occupation
- C. extractive occupation
- D. secondary occupation
Which of the following is an advantage of indigenization ?
- A. Checks exploitation by citizens
- B. Business risks are shared
- C. Fosters self-reliance
- D. Leads to monopoly of power
The form of trade practiced by the early men was characterized by
- A. exchange of goods for money
- B. efficient distribution system
- C. exchange of goods for goods
- D. organized warehousing
The form of trade practiced by the early men was characterized by
- A. exchange of goods for money
- B. efficient distribution system
- C. exchange of goods for goods
- D. organized warehousing
Which of the following is not suitable for fire purchase?
- A. Textiles
- B. Furniture
- C. Refrigerators
- D. Printing machine
Which of the following is not suitable for fire purchase?
- A. Textiles
- B. Furniture
- C. Refrigerators
- D. Printing machine
Which of the following encourages trade between regions?
- A. Differences in currencies of countries
- B. Difference in national income of countries
- C. Existence of trade associations
- D. Differences in natural resources
Which of the following encourages trade between regions?
- A. Differences in currencies of countries
- B. Difference in national income of countries
- C. Existence of trade associations
- D. Differences in natural resources
Terms of trade is the?
- A. rate at which the central bank discounts first class bills
- B. rate at which a country's exports exchange for its imports
- C. expected rate of returns on an investment
- D. rate of payment for goods and services purchased
Which of the following is a feature peculiar to multiple shops?
- A. Central location
- B. Self service
- C. Central buying
- D. One stop shopping
Which of the following is a feature peculiar to multiple shops?
- A. Central location
- B. Self service
- C. Central buying
- D. One stop shopping
Which of the following is a feature peculiar to multiple shops?
- A. Central location
- B. Self service
- C. Central buying
- D. One stop shopping
A manufacturer of goods that are seasonally will be in dire need of a?
- A. wealthy customer
- B. suitable means of transport
- C. warehouse
- D. large shop frontage
A manufacturer of goods that are seasonally will be in dire need of a?
- A. wealthy customer
- B. suitable means of transport
- C. warehouse
- D. large shop frontage
A manufacturer of goods that are seasonally will be in dire need of a?
- A. wealthy customer
- B. suitable means of transport
- C. warehouse
- D. large shop frontage
A manufacturer of goods that are seasonally will be in dire need of a?
- A. wealthy customer
- B. suitable means of transport
- C. warehouse
- D. large shop frontage