a) What is marketing segmentation?
b) Explain six functions of marketing.
a) State five reasons road transport would be preferred to rail transport.
b) State five functions of the Airport Authority
a) State four functions of money.
b) Explain six advantages of payment by cheque
Explain the following business documents and state two uses of each:
- Consignment note;
- Delivery note;
- Bill of lading;
- Bill of sight.
a) What is entrepôt trade?
b) State three advantages and three disadvantages of international trade
a) State five features each of the following business units:
- Cooperative Society;
- Mail Order Business.
b) Explain five ways by which partnership could be brought to an end.
a) State four reasons people still engage in hawking.
b) Explain the four factors of production.
(a)What is turnover in commerce?
(b) List and explain six factors that determine the turnover of a product.
(a) Distinguish between a broker and a factor.
(b) State three duties of an employer to an employee.
(c)State four duties of an employee to an employer
(a)List five media of public relations.
(b) Enumerate five types of after sales services.
(c)State five benefits of after benefits of after sales services
(a)Explain four functions rendered by a courier firm.
(b) Explain six functions rendered by a Telecommunication firm
Explain each of the following classes of insurance:
(a) Marine insurance
(b)Accident insurance
(c)Group insurance
(d) Fidelity Guarantee insurance
(e) Consequential Loss Insurance.
(a)State four functions of wholesaler to a retailer.
(b) Explain five advantages of small scale retail business over a large scale business.
(a) List four features of a self service shop.
(b)State four disadvantages of a self service shop.
(c)State four importance of working capital to a business.
Explain five ways in which commerce is important in the life of a nation
A distinctive symbol, title or design that readily identifies the company and its products is?
- A. patent right
- B. trade mark
- C. trade name
- D. brand name
the process of converting a non profit making organisation to a profit making business is?
- A. indigenization
- B. privatization
- C. deregulation
- D. commercialization
production ends when goods and services?
- A. reach the final user
- B. are used for manufacturing
- C. are packed and labelled
- D. are sold to the middlemen
if a business uses part of its profit to develop the area where it operates, the business is fulfilling its?
- A. economic responsibility
- B. marketing responsibility
- C. social responsibility
- D. managerial responsibility
A general tax which applies at each point of exchange of goods and service is?
- A. a specific tax
- B. an ad valorem tax
- C. value added tax
- D. direct tax
a person or firm to whom money is owed is?
- A. banker
- B. guarantor
- C. debtor
- D. creditor